- The US Supreme Court ruled that the President cannot impose tariffs under the International Emergency Economic Powers Act (IEEPA), making such tariffs unlawful.
- The US Court of International Trade (CIT) ordered refunds of IEEPA tariffs for all importers, not just those who filed lawsuits.
- The refund process is currently on hold due to system limitations, and the US Customs and Border Protection (CBP) is developing new digital systems to handle mass refund claims.
- CBP is creating a CAPE module in the ACE system to automate and centralize refund applications, with importers submitting claims online.
- The refund process may take several months, with system components being gradually rolled out and simpler cases handled first.
Source: bakertilly.de
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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