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Tariff News - Latest Updates

Posted on: February 23, 2026

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Latest Updates on Tariffs

Post-Supreme Court decision on Friday, February 20, 2026, declaring the IEEPA authority is not a legal means to impose tariffs, US Customs has published the message  ending collection of IEEPA tariffs as of February 24, 12:01 AM Eastern Time. All Harmonized Tariff numbers associated with the IEEPA tariffs will become inactive.


We are waiting for further news from CBP based on the executive order from the White House issued on Friday implementing a new 10% universal tariff. This will possibly change to 15% based on the current threats from the US President. We will update as soon as available.

 

There is still no clear path for refunds of IEEPA tariffs paid. We are monitoring closely and will advise as soon as there is news on the process.

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