Supreme Court Ruling on Tariffs Offers Short-lived Clarity for Dealmakers Amid Renewed Trade Uncertainty
The U.S. Supreme Court’s recent decision to invalidate tariffs imposed under the International Emergency Economic Powers Act (IEEPA) marks a significant development for dealmakers. Previously, these tariffs created considerable uncertainty in mergers and acquisitions, particularly concerning the potential for pursuing refund rights. With the ruling, there is newfound clarity in how these transactions can incorporate…