US Customs to Halt Trump Tariffs Tomorrow After Supreme Court Declares Them Illegal

• US Customs and Border Protection (CBP) will stop collecting duties under the International Emergency Economic Powers Act (IEEPA) from February 24.
• The Supreme Court ruled President Donald Trump’s “reciprocal” tariffs illegal last week.
• Importers were still paying duties despite the ruling as CBP had not updated its system.
• All tariffs imposed under the IEEPA framework, including those on countries like India for Russian oil, will cease.
• The change takes effect at 12:01 am EST (0501 GMT) on Tuesday, February 24.