US Importers Still Pay Trump-Era Tariffs Despite Unlawful Ruling

M
Moneycontrol•23-02-2026, 11:26
US Importers Still Pay Trump-Era Tariffs Despite Unlawful Ruling
- •US importers continue to pay Trump-era tariffs under IEEPA, despite a Supreme Court ruling deeming them unlawful.
- •U.S. Customs and Border Protection (CBP) will officially halt collection of these tariffs starting February 24, 12:01 a.m. EST.
- •CBP is reviewing the ruling's implications and will provide technical guidance, but currently, IEEPA tariff codes are still required for cargo clearance.
- •Approximately 211,000 containers valued at $8.2 billion arrived at US ports, with importers having a 10-day window to pay tariffs.
- •Uncertainty remains regarding refunds for duties already paid, with the U.S. Court of International Trade (CIT) expected to handle refund mechanisms, potentially leading to long delays.
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