WASHINGTON, Feb 23 – U.S. Customs and Border Protection said it will stop collecting tariffs imposed under the International Emergency Economic Powers Act at 12:01 a.m. EST (0501 GMT) Tuesday, days after the U.S. Supreme Court struck down the duties as unlawful.
The agency announced in a message to shippers through its Cargo Systems Messaging Service that it will deactivate all tariff codes tied to President Donald Trump’s prior IEEPA-related orders. However, CBP did not explain why it continued collecting the tariffs for several days following Friday’s ruling. Moreover, the notice offered no details on whether importers will receive refunds.
The halt affects tariffs that economists estimate generated more than $175 billion in U.S. Treasury revenue. According to the Penn-Wharton Budget Model, the IEEPA-based tariffs brought in over $500 million per day in gross revenue, potentially exposing the government to substantial refund claims.
Nevertheless, the suspension coincides with Trump’s move to impose a new 15% global tariff under a different legal authority. As a result, while one tariff program ends, another immediately takes its place.
Importantly, CBP clarified that the collection halt does not apply to other tariffs the administration imposed. Specifically, duties under Section 232, which addresses national security concerns, and Section 301, targeting unfair trade practices, will remain in force.
Meanwhile, CBP said it will continue providing updates to the trade community through additional messaging as necessary.
