Nevada company drops class-action IEEPA lawsuit

A Nevada importer that launched a class-action lawsuit seeking refunds for “all people” who have paid tariffs imposed by President Trump under the International Emergency Economic Powers Act has dropped its case, according to a new filing. Chapter1 LLC, described in court filings as “start-up skincare company,” filed the suit at the U.S. Court of International Trade late last month, just a day after a three-judge CIT panel issued a decision overturning Trump’s IEEPA tariffs -- a decision later stayed...