GDLSK partner Erik Smithweiss was quoted in recent Bloomberg and Fox News articles examining the growing wave of litigation tied to President Trump’s use of emergency powers to impose sweeping tariffs, as the U.S. Supreme Court prepares to rule on the policy’s legality. The coverage highlights how more than 1,000 companies have filed suits seeking refunds of duties already paid, underscoring the high stakes for importers across industries.
In the Bloomberg article, Smithweiss explains that many companies initially hesitated to challenge the tariffs due to political and reputational concerns, but mounting financial pressure has driven businesses to pursue litigation to preserve potential refund rights if the tariffs are struck down. Fox News reported on the uncertainty facing markets and U.S. businesses, including Smithweiss’s view that any decision invalidating the tariffs is likely to shift refund questions to the Court of International Trade, creating a complex and prolonged legal process for affected companies.
GDLSK continues to advise clients on tariff litigation, refund strategies, and compliance planning as developments unfold.
Read the full Bloomberg article here, and the full Fox News article here.
