A US court has directed Customs and Border Protection (CBP) to reimburse tariffs imposed under the International Emergency Economic Powers Act (IEEPA) for certain import entries.

The U.S. Court of International Trade has directed Customs and Border Protection to liquidate import entries without the tariffs imposed under the International Emergency Economic Powers Act, allowing for potential refunds for duties previously collected. This ruling applies broadly, not just to the plaintiffs, and follows a Supreme Court decision that questioned the legality of such tariffs. While refunds may take time as CBP ensures compliance with other customs regulations, businesses are encouraged to review their entries and file for refunds. This shift could significantly impact global supply chains.