WASHINGTON — A federal court of appeals This Monday he refused to delay the implementation of the Court’s ruling for three months Supreme that invalidated most of the tariffs activated by the Government of President Donald Trump, which opens the door for the million-dollar refunds already claimed by different importers to begin processing.
The US Court of Appeals for the Federal Circuit today rejected the Trump Government’s request, leaving the way clear for the Court of International Trade to begin processing the returns.
Last Friday, the Republican Administration had asked the court to grant a period of 90 days to “allow the political branches the opportunity to consider options” regarding the payments.
Tariff demands
The Supreme Court ruling on February 20, in which the court considered that Trump could not rely on an economic emergency law to impose tariffs, has unleashed a wave of lawsuits before the Court of International Trade by all types of companies requesting reimbursement of import duties paid at customs.
Among the large companies that asked to be reimbursed were the logistics giant FedEx, the cosmetics company Revlon, the optical producer EssilorLuxottica and the retailer Costco.
In total, it is estimated that there are currently more than 2,000 tariff demands filed or in the process of being filed.
Although an exact figure has not been published, different analyzes suggest that the US Government could end up having to reimburse an amount that would be between 130,000 and more than 200,000 million dollars, volumes that promise to have an impact on the fiscal health of the world’s leading economy.
