*
Companies are among the highest-profile to join tariff
legal
challenge
*
More than 1,000 lawsuits filed since Liberation Day last
year
By Arriana McLymore
NEW YORK, Feb 24 (Reuters) - French beauty group L'Oreal
OREP.PA , British vacuum manufacturer Dyson and contact lens
maker Bausch + Lomb BLCO.TO became the latest corporations to
sue for refunds of tariffs paid under President Donald Trump’s
emergency trade measures, days after the U.S. Supreme Court
ruled the duties unlawful, court filings showed.
The cases were filed on Monday in the U.S. Court of
International Trade, adding them to a growing list of prominent
companies to file suit following Friday's landmark ruling.
Global transportation company FedEx FDX.N and U.S. skincare
and fragrance company Sol de Janeiro also filed complaints this
week.
More than 1,400 importers including big-box retailer Costco
COST.O and tiremaker Goodyear GT.O have already sued, court
documents show, and trade lawyers expect a wave of additional
lawsuits as companies try to recover billions of dollars in
duties. The recovery process still has to be worked out by a
lower court, though, and resolutions could take months or years.
Up to $175 billion in U.S. tariff collections are subject to
potential refunds, Penn Wharton Budget Model economists said,
after the Supreme Court on Friday ruled in a 6-3 vote that Trump
overstepped his authority by using the International Emergency
Economic Powers Act (IEEPA), a sanctions law, to impose tariffs
on imported goods.
Those that have sued represent only a fraction of the
companies that may be eligible.
L'Oreal's case was filed by L'Oreal Travel Retail Americas,
the division selling beauty products in duty-free and
travel-related shops.
L'Oreal, Dyson, Bausch + Lomb and Sol de Janeiro said in their
filings they served as importer of record on goods subject to
IEEPA tariffs. L'Oreal did not say how much it wants refunded.
The companies did not immediately respond to requests for
comment. As with other cases, the lawsuits named U.S. Customs
and Border Protection, the agency's commissioner Rodney Scott
and the United States of America as defendants. CBP and the
White House did not immediately respond to requests for comment.
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More than 1,400 companies have filed lawsuits challenging
Trump's tariffs https://www.reuters.com/graphics/USA-TRUMP/zgpolwebwvd/chart.png
Trump's IEEPA tariff revenues https://www.reuters.com/graphics/USA-TRUMP/TARIFFS/mopaomlyxpa/chart.png
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(Reporting by Arriana McLymore in New York; Writing by Josephine
Mason in London; editing by David Gaffen)
((josephine.mason@thomsonreuters.com; Phone +44 7824 561670;))