Importers Beware – What the Supreme Court’s Recent Decision Changes, What it Doesn’t, and What the Refund Process Looks Like

What tariffs remain in effect and are importers entitled to a refund? These two questions are front of mind following the United States Supreme Court’s February 20, 2026 decision in Learning Resources, Inc. v. Trump. The decision held that the Trump Administration is not authorized to impose tariffs under the International Emergency Economic Powers Act (“IEEPA”).... By: Gray Reed