Siddartha Rao Quoted in AP News on What Comes Next For Tariff Refunds

The tariff refund process is moving forward after a federal appeals court declined to delay proceedings following the Supreme Court’s decision striking down certain Trump-era tariffs. The case now returns to the U.S. Court of International Trade to determine how refunds will be handled. In an AP News article, HNRK partner Siddartha Rao shared that businesses are in “somewhat uncharted territory,” noting the Court provided no guidance on how refunds should be administered or funded. He also highlighted the practical challenge of repaying more than $130 billion in collected duties. Read his full thoughts here.