U.S. Customs and Border Protection

Company

Last mentioned: 2d ago

Timeline

  1. Refund Litigation Begins

    The Trump administration signals intent to litigate the refund process despite the ruling.

  2. SCOTUS Ruling Issued

    Supreme Court declares IEEPA tariffs unlawful and unconstitutional in a 6-3 vote.

  3. IEEPA Tariffs Imposed

    President Trump implements reciprocal and drug-trafficking tariffs via executive order.

Stories mentioning U.S. Customs and Border Protection 1

market-trends Neutral

Supreme Court Voids IEEPA Tariffs: Retailers Brace for $175B Refund Battle

The U.S. Supreme Court has ruled 6-3 that the International Emergency Economic Powers Act does not grant the President authority to impose tariffs, invalidating billions in duties. This landmark decision opens a complex legal battle for an estimated $175 billion in refunds, impacting retailers and e-commerce platforms nationwide.

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