Trade attorneys say the volume of cases seeking refunds for tariffs already imposed – more than 1,800 already – will likely surge after Supreme Court justices rejected the legal rationale behind an estimated $175bn in U.S. customs revenue since last April. The court ruled on Friday that President Donald Trump lacked authority to impose tariffs under the International Emergency Economic Powers Act, a 1977 law meant for use in national emergencies. At a White House press conference on Friday, Trump said he would levy more tariffs and predicted the process for companies seeking refunds would precipitate a protracted legal battle. “We’ll end up being in court for the next five years,” Mr. Trump said. Lawyers have told Reuters they expect to file many more cases in the coming weeks at the New York-based Court of International Trade.
