Richard Eaton, senior judge on the US Court of International Trade, has extended the US administration’s deadline for refunding about US$166 billion in tariffs. Eaton had orginally ordered US Customs and Border Protection to begin the refunding process at the start of the month after the US Supreme Court struck down global tariffs set by president Trump. …The administration has been inundated with lawsuits from companies like Costco, FedEx, and Pandora Jewelry – all looking to get their money back since Eaton’s order meant that everyone who had paid tariffs was entitled to a refund. Barnes, Richardson & Colburn partner Larry Friedman said that the order was one he had hoped for, “but never expected to see.” A US Customs and Border Protection official indicated in a legal filing that its system could not handle the volume of work.
Related coverage:
- WoodWorking Network: Court provides hope for speedy recovery of tariff refund
- The National Law Review: What every company should know about the ITC’s order
- By Thomson Hine LLP: CIT Suspends Earlier Order Directing IEEPA Tariff Refunds
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