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Trump’s Second-Wave Tariffs Were Ruled Unlawful, But Importers Shouldn’t Count on Refunds

WWD·Kate Nishimura·24 days ago
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Global 10 percent tariffs imposed under the Trump administration’s second-string trade strategy were deemed unlawful by the Court of International Trade (CIT) this week—but that doesn’t mean importers should be counting on refunds anytime soon. The same New York-based trade court that deemed President Donald Trump ’s International Emergency Economic Powers Act (IEEPA) tariffs illegal in May of last year made the declaration on Thursday. Now that the industry has seen how that decision played out—namely, in months of appeals that ended, finally, in the Supreme Court —it would be wise to look to that precedent as a playbook for the administration’s forthcoming actions, experts say. Like clockwork, the government filed a notice of appeal on the CIT decision Friday, alleviating any mystery as to its intent to seek an alternate outcome. Trade lawyers weighed in with their predictions on what’s to come.…

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