Hahn Loeser Tariff Task Force member and Cleveland Office Partner-in-Charge John Paul Lucci was quoted in the Crain’s Cleveland Business article: Companies Paid Billions in Illegal Tariffs. It’s Unclear When Refunds Could Come.
As questions about tariff refunds continue to circle both locally and globally, Lucci notes that many businesses are adopting a strategic “wait and see,” approach to avoid the significant costs that come with pursuing litigation. He discusses the challenges companies are facing, the importance of deadlines, and why a proactive approach beats waiting.
Following more recent developments, Lucci was also quoted in the article: Looking for a Tariff Refund? Here’s What to Know. He points out that there are now a select number of clients who “have moved from aggressive standby to full-fledged litigation,” in order to “combat uncertainty and to position themselves as first in line.”
Lucci also notes a recent trend among Northeast Ohio manufacturers (both buyers and sellers) who are “adding carefully crafted provisions in purchase agreements to account for tariff refunds.”
To learn more on how tariffs are shaping the business landscape and to stay current on key legal developments, visit Hahn Loeser’s Tariff Task Force page.
