UPS in court bid to recover tariff payments ruled ‘unlawful’

UPS has its sights set on US Customs and Border Protection (CBP), launching legal action against the agency to reclaim refunds and interest for tariffs paid under the International Emergency Economic Powers Act (IEEPA), with it having already received some $500m.

Filed at the US Court of International Trade on Friday, the lawsuit seeks to compel CBP to re-liquidate entries and issue refunds, not only for duties paid, but also accrued interest, after the US Supreme Court ruled the tariffs unlawful in February.

The lawsuit covers entries for which UPS was the ‘importer of record’ (IOR), allowing it to claim refunds directly from CBP, although the integrator noted that, in many cases, it was customers that had borne the cost of the duties. It said it would pass any recovered funds to them.

Together with UPS, United Parcel Service Oasis Supply Corp and UPS Supply Chain Solutions are seeking the re-liquidation of entries on which the ‘unlawful’ duties were assessed, including those that have already been finally liquidated.

This story was originally published by The Loadstar. Read the full story at The Loadstar →