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Are you prepared for the shifting trade landscape following the Supreme Court’s decision striking down tariffs imposed under the International…
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Are you prepared for the shifting trade landscape following the
Supreme Court’s decision striking down tariffs imposed under
the International Emergency Economic Powers Act (IEEPA)?
On February 20, the Court held 6-3 in Learning Resources,
Inc. v. Trump and Trump v. V.O.S. Selections, Inc. that IEEPA
does not authorize the President to impose revenue-raising tariffs,
invalidating approximately $180 billion in duties collected to
date.
In response, the administration has terminated the IEEPA tariffs
and imposed new temporary tariffs under Section 122 of the Trade
Act of 1974, while signaling additional investigations under
Sections 301 and 232 that could result in further tariff actions.
These developments present immediate compliance and strategic
considerations for importers and multinational companies.
Our speakers will discuss:
The Court’s reasoning and its implications for presidential
trade authority
Refund considerations and potential proceedings before CBP and
the Court of International Trade
The scope of the new Section 122 tariffs, including key
exclusions
Anticipated Section 301 and Section 232 investigations
Strategic considerations in an evolving tariff environment
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
