05
Mar
Highlights
The Court of International Trade (CIT) has ordered U.S. Customs and Border Protection (CBP) to begin automatically refunding International Emergency Economic Powers Act (IEEPA) duties.
The order applies broadly to all importers that paid IEEPA duties, but companies must confirm whether their entries are unliquidated, liquidated but not final, or fully final.
Key uncertainty remains around what qualifies as “not final” liquidation and how this will impact refunds for importations made, particularly in early 2025.
The ruling may...