🇺🇸 #tradewars CNBC: Trade lawyers warn that the repayment of customs duties might be delayed based on U.S. court decisions and the procedures of U.S. Customs. Moreover, the Supreme Court's ruling does not clarify whether refunds will be necessary for duties paid at higher rates.
Supreme Court: "The court's decision is not anticipated to significantly limit the president's authority to impose customs duties in the future. Additionally, the refund process is likely to be chaotic."
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🇺🇸 #tradewars CNBC: Trade lawyers warn that the repayment of customs duties might be delayed based on U.S. court decisions and the procedures of U.S. Customs. Moreover, the Supreme Court's ruling does not clarify whether refunds will be necessary for duties paid at higher rates.
Supreme Court: "The court's decision is not anticipated to significantly limit the president's authority to impose customs duties in the future. Additionally, the refund process is likely to be chaotic."