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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The European Parliament’s trade chief has urged a temporary suspension of the EU–U.S. trade agreement approval, citing “tariff chaos” following President Donald Trump’s new 15% tariffs and a U.S. Supreme Court ruling invalidating his previous global tariff programme.
China says it's making a "full assessment" of the U.S. Supreme Court's tariff ruling and urged Washington to lift "relevant unilateral tariff measures" on its trading partners, the Chinese commerce ministry said in a statement on Monday (23 February).
U.S. President Donald Trump said he plans to send a hospital ship to Greenland with Louisiana Governor Jeff Landry, drawing a quick rejection from Greenland’s prime minister.
U.S. Secret Service and local police shot and killed a man armed with a shotgun early on Sunday after he breached a secure perimeter at President Donald Trump’s Mar-a-Lago resort in Palm Beach, Florida, law enforcement officials said.
A seven-month-old Japanese macaque has drawn international attention after forming an unusual bond with a stuffed orangutan toy after being rejected by its mother.
Divers have recovered the bodies of seven Chinese tourists and a Russian driver after their minibus broke through the ice of on Lake Baikal in Russia, authorities said.
President Donald Trump said on Saturday (21 February) that he will raise temporary tariffs on nearly all U.S. imports from 10% to 15%, the maximum allowed under the law, after the Supreme Court struck down his previous tariff program.
Pakistan said it carried out cross-border strikes on militant targets inside Afghanistan after blaming a series of recent suicide bombings, including attacks during the holy month of Ramadan, on fighters it said were operating from Afghan territory.
Iran announced on Saturday (21 February) that it has designated the naval and air forces of European Union member states as “terrorist entities” in a reciprocal move after the EU blacklisted the Islamic Revolutionary Guard Corps (IRGC).
Australian Prime Minister Anthony Albanese has written to British Prime Minister Keir Starmer to say he would back any UK government plan to remove Andrew Mountbatten-Windsor from the line of succession, a statement shared by Starmer's office said.
The U.S. ambassador to Portugal has urged Lisbon to replace its ageing F-16 fighter jets with Lockheed Martin’s F-35, saying the stealth aircraft would ensure compatibility with Europe’s top-tier air forces.
A British national was among at least 19 people killed when a passenger bus plunged off a mountain highway into the Trishuli river in Nepal before dawn on Monday (23 February), authorities said. A New Zealander and a Chinese national were among those injured.
European Union Foreign Policy Chief Kaja Kallas has said the bloc is unlikely to reach agreement on a new package of sanctions against Russia at Monday’s meeting of EU foreign ministers, as continued Hungarian opposition keeps consensus out of reach.
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