Today, the U.S. Supreme Court ruled that the International Emergency Economic Powers Act (IEEPA) does not authorize the President to impose the 2025 IEEPA-based tariffs. To learn more about the details of the announcements today, read our
blog post.
We now have clarity on the legality of the IEEPA tariffs but key questions remain on refunds. Flexport is helping customers be the first in line to claim any potential refunds.
How to prepare for potential refunds
- Get access to your ACE portal to ensure you’re ready – here is a guide to help.
- Calculate your potential refund with Flexport’s Refund Calculator.
- Evaluate where entries are in the liquidation lifecycle: preliquidation, liquidated, or post liquidation.
- File a protest for entries that are close to the protest deadline: If you need support filing a protest, Flexport’s Trade Advisory group can help. We recommend reaching out at least two months before the protest deadline to give our team time to prepare the protest filing.
Flexport will continue to monitor all new developments to keep you up to date. We are hosting a webinar on February 24 to provide more information and guidance for how to proceed. Register for the webinar here.
Please reach out to your Flexport account manager with any specific questions.
Not a Flexport customer? Contact us today.
The Flexport Team
