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

AI Summary

UPS has sued US Customs and Border Protection seeking refunds and interest for tariffs it says were unlawfully collected under the International Emergency Economic Powers Act. The company has already received about $500 million in refunds.

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. The post UPS in court bid to recover tariff payments ruled ‘unlawful’ appeared first on The Loadstar.