Tariffs Struck Down: What’s Next and How do Companies Get Refunds?

Tariffs Struck Down: What’s Next and How do Companies Get Refunds?

February 26, 2026 · 26 min

About this episode

The episode discusses the implications of the Supreme Court's decision to invalidate tariffs imposed by President Trump and how companies can seek refunds.

John is joined by Dennis H. Hranitzky, partner in Quinn Emanuel’s Salt Lake City office, and Fritz Scanlon, of counsel in Quinn Emanuel’s Washington, D.C. office. They discuss the recent Supreme Court decision invalidating all tariffs President Trump imposed under the International Emergency Economic Powers Act (IEEPA). IEEPA tariffs had generated an estimated $160 billion in revenue and were central to the administration’s tariff policy. The administration justified these tariffs based on de...

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