Course
Friday, March 6, 2026 from 1:30-2:30 PM Eastern
On February 20, the U.S. Supreme Court issued a landmark 6-3 decision that upholds lower court decisions that the International Emergency Economic Powers Act (IEEPA) does not authorize the President to unilaterally impose tariffs. In doing so, the decision reinforces the Major Questions Doctrine, requiring explicit Congressional approval for economically significant actions. The case now goes back to the U.S. Court of International Trade to implement, which is likely to involve proceedings on the process for granting refunds.
The tariffs imposed by the Administration through executive order using IEEPA authority have generated over $133 billion in duties that have been collected as of the end of 2025, and the uncertainty going forward is whether and how those duties will be refunded in response to the Court’s decision. The decision does not impact existing trade agreements, including the United States-Mexico-Canada Agreement (USMCA), although it may impact the negotiations over the joint review of the USMCA.
Now that the court has ruled, this online session will help engineering companies figure out what it means and what is next.
Presenter: Lizbeth R. Levinson, Partner, Fox Rothschild LLP