Tariff ruling impact limited due to expected appeal
The Trump administration is expected to appeal the Court of International Trade’s ruling against the 10% Section 122 tariffs before May 12.
The tariffs are likely to remain in place pending a longer review, following the same pattern seen during the challenge to IEEPA tariffs last year.
The 10% tariffs are due to expire on July 24 regardless of the legal outcome, meaning their effective remaining life is limited even without court intervention.
A definitive ruling against the administration could result in a second round of refunds to importers later this year or in 2026.