A coalition of US states sued Trump in response to the 10 percent tariff. “After losing the battle with IEEPA, the President is now dusting off a separate law: Section 122 of the Trade Act of 1974, 19 USC § 2132. This is another law that has never been used to impose tariffs. Indeed, it has never been used,” he said. claim he said.
The Trump administration has also “opened investigations into the trade practices of dozens of other countries” under another provision of the Trade Act, and those “probes are expected to result in tariffs similar to those struck down by the Supreme Court,” The New York Times article said.
The trade group sees a problem with the refund system
There is a separate dispute as to who is to be reimbursed in cases where import surety bonds are issued but the importer or broker fails to pay the tariff. Trade group representing warranty and insurance professionals told the court on Friday that its members paid CBP millions of dollars “for entries where importers (or their brokers) did not pay estimated or eliminated tariffs issued under the authority of the International Emergency Economic Powers Act.”
“Customs did not include (or even mention) sureties in the preparation of the CAPE and in its reports to this Court, even though limiting refunds to importers and brokers would inevitably result in refunds of IEEPA tariffs to importers rather than to sureties who paid IEEPA tariffs directly to Customs,” the International Trade Enforcement Association said.
The group “recommended the need for Customs to include safeguards in Phase One of CAPE. Although Customs acknowledged our concerns, they did not inform us that the error would be corrected, nor did Customs mention the safeguards or this issue in its submissions to the Court.”
