IEEPA-Related Tariffs Are Gone – But the Fight Over Refunds Is Just Beginning

While the U.S. Supreme Court’s recent decision invalidating tariffs imposed under the International Emergency Economic Powers Act (IEEPA) resolves one legal issue, it has left unresolved another set of legal issues that will be highly complicated for businesses — how to obtain a refund for those duties that were paid but that the Court has determined the government lacked the authority to impose, and how claims to those refunds can be resolved once the refunds are issued. Across many supply... By: Troutman Pepper Locke