US to Stop Collecting Tariffs Under IEEPA Following Supreme Court Ruling

|
US to Stop Collecting Tariffs Under IEEPA Following Supreme Court Ruling

The United States Customs and Border Protection has announced it will cease the collection of tariffs imposed under the International Emergency Economic Powers Act (IEEPA). This decision will take effect on Tuesday—more than three days after the U.S. Supreme Court ruled these fees were illegal.

This is reported by Finway

Deactivation of Tariff Codes and New Measures

In a notice to carriers published through the Cargo Systems Messaging Service (CSMS), Customs and Border Protection stated that all tariff codes related to executive orders issued by former President Donald Trump under IEEPA will be deactivated starting Tuesday.

The cancellation of the old tariffs coincides with the implementation of new global tariffs of 15%, which Trump imposed under a different legal provision. These new tariffs are a replacement for the fees that the U.S. Supreme Court struck down last Friday.

Department Explanation and Next Steps

Customs and Border Protection did not provide an explanation as to why it continued to collect the previous tariffs for several days after the Supreme Court’s decision. The notice also did not include information about the possibility of refunds for importers who paid these fees after the cancellation.

Separately, the department emphasized that the cessation of tariff collection under IEEPA will not affect other trade fees imposed by the Trump administration. This particularly pertains to tariffs under Section 232 (national security) and Section 301 (addressing unfair trade practices).

“CBP will provide further clarification to the trade community through CSMS messages as needed,” the department stated.