Leila Carney Weighs in on Tariff Ruling in The Hill

The Wednesday court decision blocking President Trump’s emergency tariff powers could give companies the option of getting a refund on duties they’ve paid, but it adds another layer of complexity for companies dealing with the administration’s rapidly changing trade policies.

While the White House immediately appealed the decision from the U.S. Court of International Trade, the ruling opens up the possibility that businesses will be able to apply for refunds from the government, trade and legal experts told The Hill.

. . .

“There is grounds for a refund,” Leila Carney, an attorney with Caplin Drysdale, told The Hill. “Whether the government will put in place an administrative process for that or whether taxpayers will have to file refund claims and refunds suits depends on how this plays out.”

. . .

“It’s not a sufficient basis for [companies] to make their business decisions on,” Carney said, adding that the environment of uncertainty around international trade will remain as a result of the decision.

To view the full article, please visit The Hill's website.