U.S. Withdraws IEPA Tariffs, Implements New 15% Global Duties

The United States has decided to withdraw additional tariffs imposed under the International Emergency Economic Powers Act (IEEPA) on products from various countries. The move will take effect from 12:01 a.m. Eastern Time on Tuesday.

The tariffs were originally imposed by Donald Trump under IEEPA. Recently, the U.S. Supreme Court ruled that the imposition of those tariffs exceeded presidential authority. Following the ruling, the process of withdrawing the tariffs was initiated.

In an official statement, the U.S. Customs and Border Protection said that the specific tariff codes under IEEPA will be deactivated from the effective time, and importers and exporters are advised to prepare accordingly.

At the same time, the administration has implemented new 15 percent global tariffs under a separate law, also effective Tuesday. While the IEEPA tariffs are being withdrawn, uncertainty remains among businesses about how the new tariffs will affect trade.

Authorities have not clarified why collections continued for a few days after the court ruling, nor have they issued guidance on whether businesses that already paid the withdrawn tariffs will be refunded.

The U.S. administration emphasized that tariffs imposed under Section 232 (national security) and Section 301 (unfair trade practices) will remain in place, and separate instructions may be issued for affected businesses if necessary.

Trade analysts note that the Supreme Court ruling could raise questions about refunds for significant sums, but because the court did not explicitly order repayments, companies may need to pursue separate legal processes, potentially delaying any reimbursement.