In a recent Forbes article, Robert Shapiro, Chair of Thompson Coburn’s International Trade and Regulatory Practice, discussed the White House’s likely effort to retain the $175 billion in Trump-era tariffs it has already collected. This comes after the Supreme Court ruled the tariffs unlawful—setting the stage for a potential showdown with major companies that have already filed proactive lawsuits seeking to recover those costs.
Because the Supreme Court did not address how refunds should be handled, the responsibility now falls to the lower courts, leaving significant uncertainty around the timeline. Robert noted that the refund process will likely take at least a year. While legal advisors broadly believe companies are entitled to refunds, Robert emphasized that businesses will need to proactively file lawsuits and supporting documentation in order to claim any repayment.
Read the full article here.
