Robert Shapiro, who leads Thompson Coburn&rsquos International Trade team, continues to be a key source for media outlets covering developments related to tariff policy, including this week&rsquos arguments before the U.S. Supreme Court. In a new Forbes article, &ldquoPrices Are Rising From Trump&rsquos Tariffs&mdashCan Supreme Court Stop It? What To Know,&rdquo Robert weighed in on whether there might be recourse for consumers for price increases, if tariffs are declared unlawful and companies get the tariffs they already paid refunded.
Consumers could potentially file class-action lawsuits seeking to claw back the price increases they paid, he said, as could businesses that saw the cost of their materials increase because of the new duties. &ldquoThere were a lot of notices that went out saying, &lsquoHey, we&rsquore going to increase our prices to match the tariffs,&rsquo &rdquo Robert said, potential evidence for future litigation or negotiations.
Read the Forbes article here.
Additionally, in a recent Axios article, Robert explained potential next steps if the Supreme Court overturns some or all of Trump&rsquos tariffs.
&ldquoIf they decide that the tariffs are unlawful there will be some sort of remand back to lower courts on the remedy piece,&rdquo he said.
Read the full article here (registration required).
In another recent Axios article, Robert offered insights on Supreme Court arguments over whether the former president had the authority to impose sweeping tariffs. While Solicitor General D. John Sauer maintained the tariffs were intended to regulate foreign commerce, Robert said, &ldquoI think in some ways the solicitor general is hurt by his client.&rdquo
&ldquoHis point of &lsquothe tariffs would be most powerful without raising money&rsquo is hard when you have the president talking about all the money from the tariffs,&rdquo said Robert.
Read the full article here (registration required).