On February 27, according to CNBC, the U.S. Department of Justice must respond by February 27 (Friday) to the plaintiff’s motion for expedited payment of “illegal tariffs” refunds through the International Trade Court (CIT). Trade lawyers say that more than 2,000 corporate lawsuits demanding tariff refunds have been filed with the International Trade Court. Plaintiffs are concerned that the government may attempt to delay the refund process. Last Friday, the Supreme Court ruled that the tariffs imposed by Trump under the International Emergency Economic Powers Act (IEEPA) were illegal, giving the federal court system about a month to decide on the next steps. (Jin10)
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The Trump administration faces its first major statutory deadline for tariff refunds on Friday
On February 27, according to CNBC, the U.S. Department of Justice must respond by February 27 (Friday) to the plaintiff’s motion for expedited payment of “illegal tariffs” refunds through the International Trade Court (CIT). Trade lawyers say that more than 2,000 corporate lawsuits demanding tariff refunds have been filed with the International Trade Court. Plaintiffs are concerned that the government may attempt to delay the refund process. Last Friday, the Supreme Court ruled that the tariffs imposed by Trump under the International Emergency Economic Powers Act (IEEPA) were illegal, giving the federal court system about a month to decide on the next steps. (Jin10)