Consolidated Administration and Processing of Entries

Refunds on IEEPA Tariffs: 'We Just Did it Unilaterally'

Back in February, the U.S. Supreme Court ruled 6-3 that President Donald Trump's suite of International Emergency Economic Powers Act (IEEPA) tariffs were unconstitutional. That decision opened the door to potentially hundreds of millions of dollars in refunds to businesses that had paid those tariffs since they went into effect a year prior, including those who shipped in Thoroughbreds from abroad. "We just did it unilaterally, figuring our customers would want their money back," said Charles "Chuck" Santarelli, president of Mersant International, licensed custom brokers and freight forwarders which ships...

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