Please note that this is an evolving situation and the information below may be subject to change or clarification at any time.
On February 20, 2026, in a 6-3 decision, the Supreme Court struck down President Trump’s tariffs imposed under the International Emergency Economic Powers Act (IEEPA). Subsequently, an Executive Order was issued terminating all tariff actions under IEEPA.
Effective Dates
Per the CSMS issued February 22, 2026, IEEPA tariffs will no longer be in effect and will no longer be collected for goods entered for consumption or withdrawn from warehouse for consumption, on or after 12:00 a.m. eastern time on February 24, 2026.
Importers should consider options carefully regarding the timing of their entry filings. For questions about your specific situation, please contact us at tariffs@strtrade.com.
Refunds
New! Read our latest guidance on IEEPA tariff refunds in this Trade Report article on steps to take now.
The Court of International Trade is overseeing the refund process, and has held that it need not be chaotic and that they do not want importers to have to file suit to obtain refunds. CBP has indicated that it could have the Automated Commercial Environment programmed to issue refunds within 45 days.
ST&R still advises importers to protest liquidations within 180 days. Importers should also consider filing suit at the CIT for refunds, especially for entries that have finally liquidated, in which case a suit may be the only path to obtaining refunds. ST&R has substantial experience helping companies with all of these measures; contact us at tariffs@strtrade.com for more information. Click here for a more expansive Trade Report article on possible steps.
History of these IEEPA Tariffs
President Trump imposed IEEPA tariffs on India due to its imports of Russian oil in August 2025, and on various countries that provide oil to Cuba in January 2026.
Official Documents