US EditionCards Against Humanity Wants to Give Its Customers Tariff Refunds
FedEx seeks tariff refunds after Supreme Court ruled tariffs under emergency powers unlawful; the government collected over $133 billion in tariffs, affecting many U.S. businesses.
- On Tuesday, FedEx filed motions in the U.S. Court of Appeals for the Federal Circuit and the U.S. Court of International Trade to enforce the Supreme Court ruling and start the refund process.
- The Supreme Court, divided 6,3, ruled the International Emergency Economic Powers Act did not give the president expansive tariff authority.
- FedEx paid tariffs throughout the past year at ports of entry and passed costs to package recipients, while laying off at least 600 Shelby County employees last October.
- More than 1,000 companies have sued for refunds, including FedEx, while regulators have not set a repayment process despite about $175 billion at stake.
- With litigation looming, the administration signaled it may continue collecting duties under Section 122 of the Trade Act of 1974, which allows duties for 150 days, amid possible 10% then 15% tariffs, and the U.S. Court of International Trade may adjudicate over many cases.
13 Articles
13 Articles
Cards Against Humanity wants to give its customers tariff refunds
The company that makes the popular party game Cards Against Humanity wants to channel any tariff refunds it gets back to its customers. The Supreme Court ruled President Trump's sweeping global tariffs were illegal. As first reported in Crain's, The company is one of many demanding a refund of the tariffs it paid. On Facebook, [...]
Importers seek CIT hearing on tariff refunds as soon as Thursday
A coalition of importers suing for refunds of President Trump’s now-scrapped International Emergency Economic Powers Act tariffs has asked the Court of International Trade to convene a hearing as soon as Thursday on next steps for the cases, but the Justice Department is signaling it will seek a longer timeline. Plaintiffs in AGS Company, et al., v. U.S. Customs and Border Patrol -- one of several consolidated CIT suits covering tariff-refund cl…
According to the EU, the US adheres to the requirements of the customs agreement +++ FedEx sues for reimbursement of Trump tariffs +++ Expert: US customs refund is very costly for companies +++ The Newsblog.
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