Foley & Lardner LLP partner Gregory Husisian is featured across media discussing recent developments regarding the initial phase of processing and distributing IEEPA tariff refunds.
Speaking to Bloomberg for the article, “Most tariff refunds facing denial if importers don’t opt in,” Husisian noted that “the mandatory opt-in for electronic payments make sense because Customs and Border Protection (CBP) has been moving toward such transactions for some time.” While most larger companies have likely already enrolled, he observed that smaller firms may not yet have done so.
“A smaller company may not even know about it,” he said.
Addressing the current status and legal uncertainties surrounding the Consolidated Administration and Processing of Entries (CAPE) refund process, in Newsweek, Husisian explained, “there is a big difference between CAPE being open for the submission of information and CAPE actually sending out actual refunds.”
He further noted that the trade community must remain attentive to potential government appeals, stating that it will “need to wait and see whether the U.S. government appeals any aspect of the court orders to refund all the IEEPA tariffs, particularly on the critical issue of whether the Court of International Trade has the authority to issue [refunds] to importers who have not filed protective actions at the Court level.”
Husisan’s commentary also appeared in The Boston Globe, MSN, and Yahoo! Finance.
For more information on the Supreme Court’s decision to strike down the administration’s tariffs imposed under IEEPA, see here.
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