U.S. Court of International Trade

organization

Last mentioned: 13h ago

Timeline

  1. Refund Implementation

    The U.S. Court of International Trade (CIT) is expected to establish refund procedures with CBP.

  2. Tariffs Imposed

    President imposes reciprocal and drug-trafficking tariffs citing IEEPA authority.

  3. Appellate Deadline

    Expected deadline for the U.S. government to file a formal appeal and request a stay.

  4. Judicial Ruling

    The Court of International Trade strikes down the tariff expansion as 'arbitrary and capricious.'

  5. Refund Risk Warning

    Analysts warn that administrative deadlines are expiring for distributors and retailers.

  6. SCOTUS Ruling

    Supreme Court strikes down the tariffs as unconstitutional in a 6-3 decision.

  7. Legal Challenge

    Importers challenge the constitutionality of using IEEPA for taxation at the CIT and Supreme Court.

  8. Mass Litigation

    Major retail and tech trade groups file a consolidated lawsuit challenging the legality of the duties.

  9. Tariff Re-implementation

    The administration announces a new round of 10% baseline tariffs on all Chinese imports.

  10. CIT Remand Results

    The court requires USTR to provide further justification for the tariff expansions.

  11. Mass Litigation Begins

    Thousands of companies file suits at the CIT challenging the USTR's authority.

  12. List 3 Tariffs Imposed

    Trump administration implements 10% duties on $200B of Chinese goods, later raised to 25%.

Stories mentioning U.S. Court of International Trade 3

Financial Regulation Neutral

Supreme Court Voids IEEPA Tariffs: A $175B Refund Crisis Looms

The U.S. Supreme Court has ruled 6-3 that the International Emergency Economic Powers Act (IEEPA) does not authorize the President to impose tariffs, declaring 2025's sweeping trade levies unconstitutional. This decision creates a potential $175 billion liability for the federal government and leaves importers scrambling for a refund mechanism.

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