Court Limits Presidential Tariff Power Under IEEPA
What Happened
The U.S. Court of Appeals for the Federal Circuit (CAFC) ruled on Friday, August 29 that the President does not have unlimited authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA).
The decision strikes down IEEPA tariffs.
Until the Supreme Court rules, tariffs remain in place.
A stay is in place until October 14 to allow the Administration to appeal to the Supreme Court.
Impact on Importers
Refunds are not available yet. Paid IEEPA tariffs are still valid unless the decision is upheld by the Supreme Court.
Action Steps for Brokers & Importers
Monitor entry liquidation dates closely.
Track developments: Supreme Court ruling will determine the final outcome.
Key Takeaway
This is not a partisan ruling; it’s a legal check on presidential power. If upheld, it could reshape how future administrations use emergency authority in trade.
For now, it’s business as usual—just remain alert for potential refunds.
We have your back!
We’ve got you covered. We understand the challenges these proposed tariffs may bring, and as your trusted partner, we will work closely with you to adjust your strategies and stay compliant throughout.
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