Overview
- In a 6–3 decision, the Court held the International Emergency Economic Powers Act does not authorize the president to impose broad tariffs, striking down a key pillar of the recent duties.
- The justices did not set refund rules, prompting more than 1,000 lawsuits so far and likely channeling claims through Customs and Border Protection protests or the U.S. Court of International Trade.
- Treasury Secretary Scott Bessent says money is available for refunds but warns payouts could roll out over months or longer, with experts noting prior mass refund programs took years.
- Large companies that prefiled suits, including Costco and Toyota, are positioned to recover payments, while smaller importers face costly, complex procedures that could deter claims.
- President Trump predicts years of litigation over refunds and has signaled he will seek new tariffs under other statutes, as some Republicans float legislation to codify duties into law.