Toymaker Hasbro joins wave of companies suing U.S. government over IEEPA tariff payments

Toymaker Hasbro joins wave of companies suing U.S. government over IEEPA tariff payments


By Arriana McLymore

NEW YORK, NY, Feb 27 – Toymaker Hasbro on Friday joined ‌hundreds of companies suing for refunds ‌of tariffs paid under President Donald Trump’s emergency ​trade measures, which were deemed illegal by the U.S. Supreme Court last week, according to court documents.

The Play-Doh-maker, which did not ‌disclose how much ⁠it has paid in IEEPA tariffs, is requesting full refunds along ⁠with interest. The lawsuit joins more than 2,000 similar cases filed in the U.S. ​Court of ​International Trade since ​April.

French beauty group ‌L’Oreal , British vacuum manufacturer Dyson and contact lens maker Bausch + Lomb on Monday filed lawsuits against U.S. Customs and Border Protection over IEEPA refunds. Beanie Babies maker Ty Inc. ‌also filed a similar ​lawsuit this week.

Hasbro is being ​represented by law ​firm Sandler, Travis & Rosenberg, which ‌is also representing Swiss ​sportswear company ​On and personal care product maker Conair in their respective IEEPA lawsuits.

Hasbro did not ​immediately respond ‌to a request for comment.

(Reporting by ​Arriana McLymore in New York City; ​Editing by Chizu Nomiyama)


finance.yahoo.com
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