Court of International Trade Orders Government to Begin Refunding IEEPA Tariffs
The Court of International Trade ruled that all importers of record whose entries were subject to IEEPA tariffs are entitled to refunds, with CBP requesting about 45 days to build ACH refund functionality.
What this affects
The update
Judge Eaton of the Court of International Trade ruled that all importers of record whose entries were subject to IEEPA tariffs are entitled to refunds. CBP has stated that its systems cannot process refunds at this scale immediately and has requested approximately 45 days to build the necessary functionality in ACE. All refunds will be issued electronically via ACH.
Impact
Roughly $168 billion in IEEPA duties may be eligible for return. This is a significant potential cash recovery for importers, but the government is expected to appeal, and the timeline and mechanics remain uncertain.
What to watch
The government is expected to appeal, so timing and mechanics remain uncertain even though the order exists.
How to prepare
- 1Confirm your ACH information in ACE
All refunds are issued electronically.
- 2Track liquidation dates on every IEEPA entry
This is the field that decides whether a claim stays available.
- 3Preserve entry documentation
If the government prevails on appeal you lose nothing by having filed cleanly; if it does not, the file is the claim.