New and evolving tariffs have implications for businesses throughout the supply chain: increased material costs (driving up overall costs), shortages, shifts in demand. Additionally, the invalidation of the 2025 International Emergency Economic Powers Act (IEEPA) tariffs opens the door for companies to obtain refunds for tariffs paid – a complex opportunity that will require careful analyses and documentation.
How CohnReznick can help
Importers seeking refunds for additional IEEPA tariffs paid will be required to substantiate their claims, likely with analyses prepared on an item-by-item basis based on the date of each import. These analyses, in short order, can become highly detailed and complex.
With specialization in damages and refund calculations, CohnReznick can help clients quantify potential refund amounts, organize documentation for claims, and prepare analyses and reports that concisely and completely support refund requests
Separately, our teams are well-versed in the complexities of tariffs and can help boost your business and supply chain’s resilience as the landscape continues to evolve.
• Predictive modeling and analytics
• Transfer pricing
• Industry-specific guidance: Manufacturing and distribution (M&D), consumer and industrial, retail, construction, and more
