Joyce Adetutu Breaks Down Tariff Repayments for CNBC
Partner Joyce Adetutu spoke to CNBC about the potential repayment of tariffs if the Supreme Court rules that some of President Trump’s duties were imposed illegally, highlighting the logistical hurdles importers could face while reclaiming funds.
“This will be a huge paperwork burden for businesses,” Adetutu explained. “While the paperwork is on a line-item basis, some of these shipments have thousands of products that are intermingled, and some were subject to IEEPA, and some were not.”
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Joyce Adetutu is a partner in Vinson & Elkins’ Export Controls & Economic Sanctions and National Security Reviews (CFIUS) practice group. She focuses her practice on assisting clients in understanding complex legal regimes governing the international trade of goods, services, and cross-border investments.
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