The Supreme Court ruled that IEEPA does not authorize the President to impose tariffs in a 6-3 decision. The Supreme Court did not address how tariffs will be refunded to importers.  Resolution of that process will now be in the hands of the lower courts. In a significant ruling on...

By Curtis C. Paul and Michael J. March Businesses that paid tariffs pursuant to the International Emergency Economic Powers Act (IEEPA) that was enforced by President Trump may be entitled to a refund depending on the United States Supreme Court’s decision in Learning Resources, Inc. v. Trump. The United States...