Last mentioned: 1d ago
Trade Court Refund Order
Judge Richard Eaton of the U.S. Court of International Trade rules that companies are entitled to full refunds.
Appeals Court Refusal
A federal appeals court declines to delay the implementation of the Supreme Court's decision.
Supreme Court Ruling
The Supreme Court rules 6-3 that President Trump lacked authority under IEEPA to impose sweeping tariffs.
Federal Judge Richard Eaton ruled that U.S. importers are entitled to refunds for tariffs invalidated by the Supreme Court last month. The ruling, stemming from a case by Atmus Filtration, could force the government to return up to $175 billion in duties collected under the International Emergency Economic Powers Act (IEEPA).
A landmark Supreme Court ruling striking down specific tariffs has failed to provide the expected market stability for small businesses. Instead, the decision has introduced a new era of policy volatility, forcing SMBs to navigate complex supply chain shifts amid ongoing regulatory uncertainty.