Automakers Extract Billions as Tariff Refund Portal Opens #
Reed Smith partner Michael Lowell reviewed the U.S. Customs and Border Protection system on Monday, assessing the newly deployed CAPE refund portal. He described the digital architecture as "essentially a fast track for processing refunds" for unconstitutional trade levies. The structural liquidation of a failed protectionist regime has officially become a highly tradable corporate asset. Ford Motor Company immediately capitalized on the sovereign retreat, announcing a one-time $1.3 billion benefit in its quarterly results. The windfall is directly tied to…