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Live Updates  >  Live Update Details

2026-03-03 09:01:08

[US Tariff Case Remanded to International Trade Court, Over $100 Billion in Refunds Pending] 1. The US Federal Circuit Court of Appeals on Monday remanded a lawsuit that led to the repeal of most of Trump's tariffs to the US Court of International Trade, which will then determine the specific procedures for refunding over $130 billion in tariffs to importers. The Supreme Court overturned the tariffs imposed by Trump under the Economic Emergency Act on February 20, but did not provide guidance on the refund process. 2. Approximately 2,000 importers have filed lawsuits for refunds, including large multinational corporations such as FedEx. Smaller importers are hoping for a streamlined, low-cost refund process from Customs. Importers have requested the Trade Court to order the government to establish a refund process after the case is returned to its jurisdiction. 3. The Trump administration had opposed remanding the case to the Trade Court, stating it wanted to postpone the case for up to four months to consider countermeasures. Trump warned that the refund process could trigger litigation lasting up to five years. The Federal Circuit Court of Appeals' one-page ruling granted the importers' motion, remanding the subsequent procedures to the Trade Court for adjudication.

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