Written by 11:10 AM World

Japanese companies and their U.S. affiliates have stated, “U.S. reciprocal tariffs are unfair… Refund our taxes.”

Lawsuit for Tariff Refund Filed by Over 9 Companies to USCIT
“No Guarantee of Refund Even if Tariffs are Deemed Illegal”
, ‘[Edaily Reporter Minjung Cho] More than nine American affiliates of Japanese companies such as Sumitomo Chemical, Kawasaki Motors, and Toyota Tsusho have filed a lawsuit claiming the unfairness of the U.S. ‘reciprocal tariff’ and demanding the return of taxes already paid.’,
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Donald Trump, former U.S. President. (Photo: AFP)

, ‘According to Kyodo News on the 2nd, these nine companies have filed a lawsuit at the United States Court of International Trade (USCIT) to reclaim tariffs imposed and collected by the Trump administration under the International Emergency Economic Powers Act (IEEPA).’,
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, ‘According to the complaint, these companies argue that there is no guarantee they will be reimbursed even if the U.S. Supreme Court rules these tariffs illegal, and they demand a full refund. They initiated the lawsuit procedure after the U.S. Supreme Court opened oral argument sessions on the 5th.’,
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, ‘The Supreme Court will review whether the reciprocal tariffs imposed by the Trump administration based on the IEEPA are lawful.’,
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, ‘Previously, both the first instance court, the International Trade Court (USCIT), and the second instance court, the U.S. Court of Appeals for the District of Columbia Circuit, ruled that while the IEEPA grants ‘import regulation authority’ to the President, it does not include ‘broad tariff imposition authority’.’,
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, ‘Kyodo News reported that “dozens of companies, including U.S. warehouse-style discount store Costco, have similarly filed lawsuits demanding tariff refunds,” adding, “there is a possibility of more Japanese company lawsuits beyond the confirmed nine companies.”‘
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