CAPE: How to Actually Do It, with Bonnie Kersch cover art

CAPE: How to Actually Do It, with Bonnie Kersch

CAPE: How to Actually Do It, with Bonnie Kersch

Listen for free

View show details

Summary

 🎧 Hosts Andy ShilesLalo Solorzano 🎤 Guest Bonnie Kersch, Founder of Magnolia Global Trade Solutions 📅 Published Date April 30, 2026 ⏱️ Episode Length ~37 minutes 📝 Episode Summary IEEPA duty refunds are creating a major opportunity—but only for companies that know how to navigate CAPE (Consolidated Administration and Processing of Entries) correctly. In this episode of Simply Trade, Andy and Lalo sit down with Bonnie Kersch to break down what CAPE actually means in practice and how importers should be preparing to take advantage of potential refunds. This isn’t theoretical. The conversation focuses on: What CAPE is designed to doHow it applies in the context of IEEPA refundsWhat importers need to have in place before taking action With guidance tied directly to CBP’s latest direction—including the U.S. Customs and Border Protection IEEPA refund guidance—this episode helps translate policy into real-world execution. 🔑 Key Topics Discussed What CAPE (Consolidated Administration and Processing of Entries) actually isHow CAPE connects to IEEPA duty refund opportunitiesWhy many companies may not be ready to take advantage of refundsThe importance of having accurate entry data and documentationOperational challenges in identifying eligible entriesThe role of internal processes vs. external partners (brokers, systems)What importers should be doing now to prepare 🧭 CAPE in Practice (From the Episode) 1. Understand What CAPE Is—and Isn’t CAPE is not just a filing mechanism—it’s a structured way to manage and process entries in a consolidated manner. 👉 Misunderstanding this leads to missed opportunities or incorrect filings. 2. Identify Potentially Impacted Entries To take advantage of IEEPA refunds, companies need visibility into: Historical entriesDuty paymentsRelevant classifications and applicability 👉 If your data is fragmented, this becomes a major barrier. 3. Validate Eligibility for Refunds Not every entry will qualify. This step requires: Careful review of CBP guidanceAlignment with IEEPA applicabilityInternal validation before submission 📌 Reference: IEEPA Duty Refund Guidance https://www.cbp.gov/trade/programs-administration/trade-remedies/ieepa-duty-refunds 4. Coordinate Across Teams and Partners CAPE execution isn’t done in isolation. It requires coordination between: Trade compliance teamsBrokersFinanceInternal data owners 👉 Misalignment here can delay or derail the process. 5. Ensure Documentation & Audit Readiness Any refund request will need to stand up to scrutiny. 👉 This means having: Clear recordsSupporting documentationA defensible position 💡 Key Takeaways CAPE is an operational process—not just a concept Execution is what determines success.Data visibility is critical If you can’t easily access and analyze your entry data, you’re already behind.IEEPA refunds present real opportunity—but also risk Companies need to be deliberate, not reactive.Preparation matters now Waiting until deadlines or enforcement increases will limit your options. 🚨 Why This Episode Matters IEEPA-related refund opportunities are time-sensitive and complex. Companies that: Don’t understand CAPEDon’t have their data organizedOr rely solely on third parties 👉 may miss out entirely—or expose themselves to compliance risk. This episode gives a practical lens on what needs to happen next. 🔗 Resources & Mentions U.S. Customs and Border Protection IEEPA Refund Guidance: https://www.cbp.gov/trade/programs-administration/trade-remedies/ieepa-duty-refundsMagnolia Global Trade Solutions 👏 Credits Hosts: Andy Shiles & Lalo SolorzanoGuest: Bonnie KerschProduced by Global Training Center 🔔 Subscribe & Follow Stay up to date with the latest in global trade: 🎧 Spotify: https://open.spotify.com/show/09m199JO6fuNumbcrHTkGq?utm_source=SimplyTradePodcast🍎 Apple Podcasts: https://podcasts.apple.com/us/podcast/simply-trade/id1640329690?utm_source=SimplyTradePodcast▶️ YouTube: https://www.youtube.com/@simplytradepod?utm_source=SimplyTradePodcast 🤝 Connect With Us Global Training Center: https://www.linkedin.com/company/global-training-center?utm_source=SimplyTradePodcast 🎙️ Want to Be on the Show? Have insights on trade compliance, enforcement trends, or real-world execution? Reach out—we’d love to have you on.
adbl_web_anon_alc_button_suppression_c
No reviews yet
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.