After the Ruling: What Members Need to Know

Content By US Chamber of Commerce

​The Supreme Court nullified tariffs imposed under the International Emergency Economic Powers Act (IEEPA). Other authorities (e.g., Section 301 and Section 232) remain in force.
‌
What’s changed:

• The IEEPA‑based global tariffs (10–50%) are no longer valid.
• The administration quickly moved to re‑impose some tariffs under other statutes and is using the next 150 days to investigate future actions.

‌
The $130 billion question:

• About $130 billion was collected under now‑invalid tariffs. The U.S. Chamber has made clear these funds should be refunded, especially to small businesses, but no formal refund mechanism exists yet.

‌
Resource for your members:

• The Chamber’s “Tariff Refunds FAQ: What Small Businesses Need to Know After the Supreme Court’s Ruling” helps companies:
  • Determine if they paid IEEPA‑based tariffs
  • Identify potentially refundable duties
  • Prepare documentation for a future refund process

Tariff Refunds FAQ