International

US To Halt Illegal Tariffs From February 24

The United States will stop collecting certain import tariffs from February 24, 2026, after the U.S. Supreme Court ruled that the duties were imposed without proper legal authority. U.S. Customs and Border Protection confirmed that the affected tariff codes will be deactivated at 12:01 a.m. Eastern Time on the effective date.

US Supreme Court Rules Tariffs Illegal

In a 6–3 decision, the U.S. Supreme Court held that the International Emergency Economic Powers Act (IEEPA) does not grant the President authority to impose broad import tariffs. The ruling determined that the tariffs exceeded the scope of powers provided under the emergency law, rendering them unlawful.

The judgment has immediate implications for trade policy, as the duties had been applied to a wide range of imported goods under emergency authority.

US Customs To Halt IEEPA Tariff Collection

Following the ruling, U.S. Customs and Border Protection announced it will cease collecting the invalidated tariffs beginning February 24. The agency will deactivate the relevant tariff codes in its automated systems to ensure compliance with the court order.

The notice clarified that the suspension applies only to tariffs imposed under IEEPA and does not affect other duties enacted under separate trade statutes.

Impact On Importers And Trade Policy

The decision could have significant financial implications for importers who paid the tariffs while they were in effect. Guidance on potential refunds or adjustments is expected separately.

At the same time, the administration has indicated it may rely on alternative legal authorities to maintain certain trade measures. The development is likely to influence ongoing trade negotiations and global supply chain strategies.

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