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Tariff Refund Mechanism Takes Shape After Supreme Court’s IEEPA Ruling
Following the Supreme Court’s decision that IEEPA does not authorize tariffs, the U.S. Court of International Trade has ordered CBP to refund approximately $165 billion in unlawfully collected IEEPA duties, and CBP is building a new refund system called CAPE. Skadden attorneys examine what companies need to know about the refund process, including the threat of potential delays.
UK Proposes Updates to Scope of National Security and Investment Act Regime
Following the Supreme Court’s decision that IEEPA does not authorize tariffs, the U.S. Court of International Trade has ordered CBP to refund approximately $165 billion in unlawfully collected IEEPA duties, and CBP is building a new refund system called CAPE. Skadden attorneys examine what companies need to know about the refund process, including the threat of potential delays.
