Recover millions for your IEEPA tariff overpayments

On February 20, 2026, the U.S. Supreme Court issued a landmark decision in Learning Resources v. Trump.The Court held that the International Emergency Economic Powers Act (IEEPA)—the law the administration relied on—does not authorize the President of the United States to impose tariffs.In other words, the Court found that these IEEPA-based tariffs lacked a valid legal basis under that statute.

This is a major development for U.S. importers who paid IEEPA-based “Trump tariffs”—including duties applied to imports from many U.S. trading partners (linked to trade deficits) and from Canada, Mexico, and China (linked to drug-influx concerns). As a result, some importers may be able to recover significant amounts—potentially millions—of tariff overpayments, depending on how refunds are implemented and on each importer’s entries and deadlines.

If your company imported goods while these IEEPA tariffs were collected, you may have paid duties that are now deemed unlawful—potentially meaning money back. But: refunds may depend onentry records, liquidation status, and protest timing—so waiting can be costly. Following the Supreme Court decision on IEEPA tariffs, refunds may be issued through several possible channels—ranging from automatic CBP refunds to claims, PSCs, protests, or court-driven processes. The exact mechanism is still developing, but importers who get organized early are best positioned.

That's why we offer:

• 
  a free, low-friction way to get started; and
• 
  a financing option if the recovery becomes complex

LitFin is a leading expert in complex litigation funding, with a primary focus on damages claims arising from follow-on competition law cases. LitFin also supports its clients in various group litigations, arbitrations, insolvency proceedings, and other related matters.

Litigation finance works on a “no win, no fee” principle: we cover the legal costs of a case, and only if it's successful, we receive an agreed minority share of the proceeds. If the case is lost, the client owes us nothing.