The U.S. Customs and Border Protection agency will halt the collection of tariffs imposed under the International Emergency Economic Powers Act on Tuesday (24 February), more than three days after the U.S. Supreme Court declared the duties unlawful.
In a message to shippers via its Cargo Systems Messaging Service (CSMS), the agency said it would deactivate all tariff codes associated with U.S. President Donald Trump’s previous IEEPA-related orders as of Tuesday.
The suspension of IEEPA tariff collections coincides with Trump’s move to introduce a new 15% global tariff under a separate legal authority to replace those struck down by the Supreme Court on Friday (20 February).
Trump said on Saturday that he would raise temporary tariffs on nearly all U.S. imports from 10% to 15%, the maximum permitted under the law. The Supreme Court ruled that Trump had exceeded his authority when he imposed the earlier tariffs under emergency economic powers legislation.
CBP gave no explanation as to why it had continued collecting the tariffs at ports of entry in the days following the Supreme Court’s ruling, and its message provided no details on potential refunds for importers.
The notice stated that the suspension would not affect any other tariffs imposed by Trump, including those introduced under the Section 232 national security statute and the Section 301 unfair trade practices statute.
"CBP will provide additional guidance to the trade community through CSMS messages as appropriate," the agency said.
Reuters reported on Friday that the Supreme Court’s decision left more than $175 billion in U.S. Treasury revenue generated by the IEEPA tariffs potentially subject to refunds, citing estimates by economists at the Penn Wharton Budget Model.
Their ground-up forecasting model estimated that IEEPA-based tariffs were generating more than $500 million per day in gross revenue.
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Global oil prices surpassed $119 a barrel on Monday (9 March, 2026), an almost four year high, as the Middle East conflict rumbled on.
China has urged Afghanistan and Pakistan to resolve their dispute through dialogue after Chinese envoy Yue Xiaoyong met Afghan Foreign Minister Amir Khan Muttaqi, as fighting between the two neighbours entered its eleventh day.
Entry and exit across the state border between Azerbaijan and Iran for all types of cargo vehicles, including those in transit, will resume on 9 March, according to a statement by the Cabinet of Ministers of Azerbaijan.
Iran named Mojtaba Khamenei to succeed his father Ali Khamenei as supreme leader on Monday (9 March), signaling that hardliners remain firmly in charge, as the week-old U.S.-Israeli war with Iran pushed oil above $100 a barrel.
U.S. Ambassador to the United Nations, Mike Waltz, has addressed the U.N. Security Council, saying the world must consider how effective its engagement with the Taliban-run country is as millions face hunger.
British MPs have rejected a proposal to introduce an Australia-style ban on social media for under-16s, opting instead to give ministers flexible powers to impose restrictions on platforms.
Australia has granted humanitarian visas to five Iranian women footballers who sought asylum, fearing persecution after refusing to sing their national anthem at an Asia Cup match.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 10th of March, covering the latest developments you need to know.
U.S. President Donald Trump called his recent phone conversation with Russian President Vladimir Putin “very good.” The two leaders spoke on Monday about the situation in Iran and other international issues.
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