IEEPA Tariff Refunds: Clarity on Eligibility, Complexity in Recovery, and a New Wave of Disputes

The US Supreme Court recently determined that tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were unlawful, triggering a refund process that could potentially total more than $150 billion. The process, which has begun with the government creating a new online portal for refunds, is extremely complex.... By: J.S. Held