IEEPA tariff situation in the USRecent discussions at ICPA highlight how quickly trade risk is evolving in practice.
The ongoing IEEPA tariff situation in the US is a good example. Not just because of the rates or the refund process, but because of the uncertainty around how those refunds will be handled.
The story has been shifting almost daily. Procedures remain complex. And now a new question is emerging:
Who should actually receive the refunds?
Class action claims suggest that if tariffs were passed on to consumers, then the benefit should flow back to them. This moves the issue beyond trade compliance.
It raises questions about:
- Pricing decisions
- Cost pass‑through
- Contractual structures
- And potential downstream liability
For businesses, this is a clear signal. Trade risk does not stop at the border. It flows through the organisation. And in a fast‑moving environment, the exposure often appears after the fact.
The challenge is no longer just understanding the rules. It is understanding how those rules interact with commercial reality.
#TradeCompliance #Tariffs #TradeRisk #Customs #ICPA #ECTM
