U.S. Customs says that after the Supreme Court ruling, Trump tariffs will cease to be collected starting February 24

Investing.com - The U.S. Customs and Border Protection announced on Sunday that trade tariffs implemented under the International Emergency Economic Powers Act (IEEPA) will cease to be collected starting from midnight on February 24th Eastern Time.

This announcement was made through the cargo system messaging service, just days after the U.S. Supreme Court ruled that President Donald Trump’s tariffs imposed under IEEPA exceeded his authority.

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Customs stated that it will no longer collect tariffs imposed by Trump on fentanyl, tariffs on imports from Venezuela’s oil-producing countries, comprehensive “reciprocal” tariffs on countries with large trade surpluses with the U.S., or tariffs on Brazil.

However, U.S. Customs explicitly clarified that the Supreme Court’s ruling only applies to tariffs imposed under IEEPA and does not affect tariffs levied under other legal frameworks. The 25% tariffs on aluminum imports and the 25% tariffs on auto parts imposed by Trump remain in effect.

Trump responded to the Supreme Court’s ruling by announcing, under another independent but untested law—Section 122—that tariffs of 10% and then 15% would be imposed broadly.

However, the new tariffs require congressional approval to remain in effect after 150 days, and since no president has previously invoked Section 122, its experimental nature could lead to further legal challenges in the future.

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