L’Oréal Files Lawsuit Seeking Refund of Trump-Era Tariffs

on

|

views

and

comments

THE WHAT? L’Oréal has filed a lawsuit in the U.S. Court of International Trade seeking refunds for tariffs paid under former President Donald Trump’s emergency trade measures, following a Supreme Court ruling that found the duties unlawful.

THE DETAILS The case was filed by L’Oréal Travel Retail Americas, the division responsible for selling beauty products in duty-free and travel retail channels. The filing comes days after the U.S. Supreme Court ruled in a 6–3 decision that Trump overstepped his authority by using the International Emergency Economic Powers Act (IEEPA) to impose tariffs on imported goods.

In its complaint, L’Oréal stated it served as the importer of record on goods subject to the IEEPA tariffs but did not disclose the amount it is seeking to recover. The lawsuit names U.S. Customs and Border Protection (CBP), its commissioner Rodney Scott and the United States of America as defendants. The broader refund process, potentially covering up to US$175 billion in tariff collections, is still to be determined by lower courts and could take months or years to resolve.

THE WHY? The legal action aims to recoup tariff payments deemed unlawfully collected after the Supreme Court invalidated the legal basis for the trade measures, as companies seek to recover potentially significant sums.

Source: Reuters

Share this
Tags

Must-read

Kruidvat Launches First Own-Brand Korean Skincare Range in Benelux

THE WHAT? Kruidvat has launched its first own-brand Korean skincare line, becoming the first retailer in Belgium and the Netherlands to introduce a private-label...

What I’m packing for a 7-day Winter trip to Brisbane

I’m off hoooooome for a week, Brisbane here I come! I’m heading back with a bunch of my amazing NZ personal styling clients on our...

Mother’s Day Favorites — 100% PURE

Motherhood, in all its forms, is perhaps the most profound expression of endurance and heart. Whether she is a new mom navigating the quiet...

Recent articles

More like this

LEAVE A REPLY

Please enter your comment!
Please enter your name here