Overview

• A unanimous panel of the US Court of International Trade blocked most of the import tariffs imposed by the Trump administration.
• Vos Selections, a New York family-run wine importer, led the lawsuit alongside four other small businesses with support from the Liberty Justice Center.
• Founder Victor Schwartz warned the levies posed an existential threat by constricting cash flow and inventory levels.
• The administration plans to keep the tariffs in force pending appeal and has said it will refund duties with interest if it loses.
• Importers have paused new shipments and scaled back orders because they lack clarity on the levies’ long-term enforcement.