Last mentioned: Mar 6, 2026
Refund Filings
Expected surge in litigation and administrative claims for tariff recovery by U.S. importers.
SCOTUS Ruling
The Supreme Court holds that IEEPA does not include the power to impose tariffs.
Expanded Usage
Successive administrations use or threaten IEEPA to impose tariffs for non-traditional emergency reasons.
IEEPA Enacted
Congress passes the International Emergency Economic Powers Act to grant the President economic emergency powers.
The U.S. Supreme Court has ruled that the International Emergency Economic Powers Act (IEEPA) does not grant the President authority to impose tariffs. This landmark decision shifts trade power back to Congress and opens the door for significant duty refund claims by importers.