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The Court ruling stated that the measures exceeded powers granted by Congress under Section 122 of the Trade Act of 1974

The United States Court of International Trade, in a 2-1 ruling on May 7, said the Trump administration had gone beyond the powers given by Congress under Section 122 of the Trade Act of 1974.

The Court of International Trade ruling on Thursday ordered defendants to implement the decision within five days, and for the importers who sued in this case to receive refunds.

Trump said in the post that the EU “is not complying with our fully agreed to Trade Deal,” though he did not flesh out his objections in the post.

FIEO President S C Ralhan said that there is no legal right of Indian exporters on those refunds, as only the US businesses are getting the refunds.

In a report, think tank Global Trade Research Initiative (GTRI) said such engagement will be crucial since the refunded amounts go solely to US importers.