Reciprocal Import Tariffs

Please note that this is an evolving situation and the information below may be subject to change or clarification at any time.

New! 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.

This Trade Report article has more details on the decision, and our February 26 webinar will break down the ruling in detail.

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2026, IEEPA tariffs will no longer be in effect and will no longer be collected for goods entered for consumption or withdrawn from warehouse for consumption, on or after 12:00 a.m. eastern time on February 24, 2026.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

The case will now return to the Court of International Trade, which will have to decide the appropriate remedy, including whether and how refunds should be processed.

It is critical for importers affected by any of the IEEPA tariffs to monitor the liquidation of entries on which such tariffs were paid so that protests may be timely filed. ST&R has years of experience helping importers file protests to preserve and protect their rights to refunds if the tariffs are ultimately ruled unlawful. Read our liquidation guidance here or contact us at tariffs@strtrade.com.

History of Reciprocal IEEPA Tariffs

On April 5, 2025, President Trump implemented reciprocal tariffs for many countries. The additional tariffs were being assessed in addition to any other applicable duties, fees, taxes, exactions, or charges and will remain in place until the president determines that “the underlying conditions described [in the EO] are satisfied, resolved, or mitigated.” The reciprocal tariffs were modified numerous times before being terminated by the Supreme Court.