Financial Opportunity Meets Enforcement Risk: Navigating the Evolving Tariff Landscape

As the tariff landscape changes, importers consider opportunities to recapture significant amounts to which they may be entitled, particularly in light of the ruling that IEEPA tariffs lacked authorization.

CohnReznick and SECIL Law PLLC partners Cory Kirchert and Adriaen Morse have combined in preparing a timely Q&A that explores the practical and legal considerations organizations should assess when evaluating potential IEEPA tariff refund claims. The discussion examines key issues including refund eligibility, the CBP claims process, documentation expectations, and the legal and enforcement risks that may accompany recovery efforts.

For companies considering whether to pursue refunds, success requires more than identifying a financial opportunity. It also demands careful coordination across legal, accounting, and trade compliance functions to ensure claims are well-supported and organizations are prepared for potential scrutiny.

We appreciate the opportunity to collaborate with CohnReznick’s Adam Hanover and Eric Danner on this important discussion and to provide practical guidance for businesses navigating this rapidly changing environment.