New Delhi, Feb. 23 -- The US Customs and Border Protection (CBP) said it will stop collecting tariffs imposed under the International Emergency Economic Powers Act (IEEPA) from February 24, 2026.
The move comes more than three days after the Supreme Court of the United States ruled the duties unlawful.
In a notice to shippers through its Cargo Systems Messaging Service (CSMS), CBP said it will deactivate all tariff codes linked to President Donald Trump's IEEPA-related orders from the same date, according to Reuters.
New 15% Tariff Under Separate Authority
The suspension of IEEPA-based collections coincides with the imposition of a new 15 per cent global tariff announced by Trump under a different legal authority, replacing the tariff...
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