A federal court in New York took the first official steps this week to start the refund process for the worldwide tariff regime that the Supreme Court said violated the law.
Judge Richard K. Eaton of the U.S. Court of International Trade said in an order Wednesday that importers were due refunds for tariffs paid under the International Emergency Economic Powers Act of 1977, or IEEPA.
Eaton wrote that a Supreme Court decision last month that invalidated those tariffs, Learning Resources Inc. v. Trump and Trump v. V.O.S. Selections, meant that Customs and Border Protection should stop charging tariffs and initiate refunds.