By: Brian Walczyk, Compliance Manager, TradeInsights, LCB, CCS

As expected, the U.S. filed an appeal on May 8 against the Court of International Trade’s judgment that the 10% global Sec 122 tariffs imposed by the President are unlawful.

The CIT’s judgment issued an injunction on the collection of tariffs from two private importers and the State of Washington. The injunctions limited nature means the tariffs are still able to be collected by the U.S. while the case is heard before the U.S. Court of Appeals for the Federal Circuit.

We will continue to monitor and provide updates as needed.

Please contact your V. Alexander account team, or you may also contact our Trade Compliance team at tradeinsights@valexander.com with any questions, and you can always follow us on our website www.valexander.com for updates on this and other topics.