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ACD Issues Statement on U.S. Supreme Court Ruling on IEEPA Tariff Case

The Alliance for Chemical Distribution issued a statement on the IEEPA Tariff case.

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By: KERRY PIANOFORTE

Editor, Coatings World

The Alliance for Chemical Distribution (ACD) President and CEO Eric R. Byer released the following statement after the U.S. Supreme Court ruled to overturn tariffs imposed under the International Emergency Economic Power Act (IEEPA). In November, the Supreme Court heard oral arguments in the consolidated cases of Learning Resources, Inc. v. Trump and V.O.S. Selections, Inc. v. Trump to examine whether the president had authority to impose “trafficking tariffs” on Canada, China and Mexico for their failure to stop fentanyl traffic and “worldwide,” or reciprocal tariffs on countries across the globe under IEEPA.

“ACD supports the Court’s ruling today,” said Byer. “ACD members, many of whom are small businesses, have navigated cost burdens and uncertainties that have adversely impacted the ability to import and deliver the chemical products essential to American’s health and safety. ACD is reviewing the Court’s ruling and it is our hope this finally brings clarity in order for our members  to continue to contribute to domestic economic growth and safely distribute the essential chemical products used in nearly every industry.”

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