U.S. Ends Collection of Supreme Court-Struck Down Tariffs, Triggering Legal and Economic Uncertainty
Overview The U.S. Customs and Border Protection (CBP) agency announced that it will stop collecting tariffs imposed under the International Emergency Economic Powers Act (IEEPA) beginning at 12:01 a.m. EST on Tuesday, following a U.S. Supreme Court ruling that declared these duties illegal. These tariffs had been a cornerstone of expansive trade policy enacted by […]
