Right. Most of the news articles don't link to the decision, which is worth reading.
It's a 6-3 decision. Not close.
Here's the actual decision:
The judgment of the United States Court of Appeals for
the Federal Circuit in case No. 25–250 is affirmed. The
judgment of the United States District Court for the District of Columbia in case No. 24–1287 is vacated, and the
case is remanded with instructions to dismiss for lack of jurisdiction.
So what does that mean in terms of action?
It means this decision [1] is now live. The vacated decision was a stay, and that's now dead.
So the live decision is now: We affirm the CIT’s holding that the Trafficking and
Reciprocal Tariffs imposed by the Challenged Executive Orders exceed the authority delegated to the President by IEEPA’s text. We also affirm the CIT’s grant of declaratory
relief that the orders are “invalid as contrary to law.”
"CIT" is the Court of International Trade. Their judgement [2], which was unanimous, is now live.
It reads:
"The court holds for the foregoing reasons that IEEPA does not authorize any of the
Worldwide, Retaliatory, or Trafficking Tariff Orders. The Worldwide and Retaliatory Tariff
Orders exceed any authority granted to the President by IEEPA to regulate importation by means
of tariffs. The Trafficking Tariffs fail because they do not deal with the threats set forth in those orders. This conclusion entitles Plaintiffs to judgment as a matter of law; as the court further finds no genuine dispute as to any material fact, summary judgment will enter against the United States. See USCIT R. 56. The challenged Tariff Orders will be vacated and their operation permanently enjoined."
So that last line is the current state: "The challenged Tariff Orders will be vacated and their operation permanently enjoined." Immediately, it appears.
A useful question for companies owed a refund is whether they can use their credit against the United States for other debts to the United States, including taxes.
[1] https://www.cafc.uscourts.gov/opinions-orders/25-1812.OPINIO...
[2] https://storage.courtlistener.com/recap/gov.uscourts.cit.170...