Navigating Refunds for Tariffs Collected Under IEEPA: A Guide for Importers

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Understanding IEEPA and Tariff Refunds The International Emergency Economic Powers Act (IEEPA) empowers the President of the United States to regulate international commerce in response to national emergencies. Specifically, this legislation permits the imposition of tariffs on goods imported from certain countries deemed a threat to national security or foreign policy. Importers must navigate complex … Read more

The Consequences of a Supreme Court Ruling Against Trump’s Tariffs

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Understanding the Tariffs Under IEEPA The tariffs imposed by President Trump during his administration were enacted under the International Emergency Economic Powers Act (IEEPA), a legislation that grants the executive branch significant authority to regulate economic transactions in response to national emergencies. IEEPA was originally enacted in 1977 to empower the President to impose economic … Read more