Donald Trump to speak after major loss to US supreme court over sweeping global tariffs – live

Dave Townsend, a lead attorney at Dorsey & Whitney who represents the US and foreign clients in trade litigation and disputes, said that it was “hard to overstate” the scale of the IEEPA tariffs as “they touch virtually every industry in one way or another”.“Never in US history have tariffs been imposed by the executive branch so broadly. And likewise never in US history has a court invalidated tariffs on such a grand scale,” he added. On the key question of refunds for those subjected to the now-invalidated IEEPA tariffs, Townsend noted that there are more than 2,000 lawsuits have already been brought seeking refunds, “but this is a small fraction” of US importers that may be entitled to them. A reminder that while that litigation was on pause during the supreme court’s deliberation, legal experts say we could now see a “groundswell” of claims following today’s ruling.“The United States has said in litigation that more than 300,000 US importers have paid IEEPA tariffs.