The U.S. Customs and Border Protection (CBP) agency has announced an end to tariff collections under the International Emergency Economic Powers Act (IEEPA) from 12:01 a.m. EST on Tuesday, three days after the Supreme Court ruling.
The agency will now disable all tariff codes connected to President Donald Trump‘s IEEPA-related orders. However, other tariffs introduced by Trump, including those enacted under the Section 232 national security provision and the Section 301 statute targeting unfair trade practices, remain in place.
White House To Stand By Trade Deals
U.S. Trade Representative Jamieson Greer, meanwhile, said the White House will “stand by” the trade agreements it has reached with partner nations, despite the Supreme Court’s ruling. He added that the countries that finalized deals with the U.S. did so independently of the Court’s decision, and the agreements were “not premised” on its outcome.
Some of the countries that finalized trade deals with the U.S. are the European Union, Japan and South Korea.
However, Greer acknowledged that the administration lacks the “same flexibility that IEEPA” offered, but anticipates continuity in the president’s tariff program.
Tariff Turmoil After IEEPA Ruling
The cessation of tariff collections under IEEPA marks a significant shift in U.S. trade policy. On Saturday, Trump announced a hike in the global tariff rate to 15% from 10%, framing it as a response to the Supreme Court ruling he termed “anti-American.”
This move came despite a YouGov poll indicating that 60% of Americans supported the court’s decision, associating Trump’s tariff agenda with higher prices.
Meanwhile, Treasury Secretary Scott Bessent said on Friday that the Trump administration expects U.S. tariff revenue to remain “virtually unchanged” in 2026, despite the ruling which struck down billions of dollars in tariffs imposed under the International Emergency Economic Powers Act (IEEPA), potentially forcing the government to refund an estimated $130–175 billion in collected revenue.
Bessent said authorities have not been instructed to repay the funds but acknowledged the situation remains uncertain.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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