The US Customs and Border Protection agency will halt the collection of tariffs following a Supreme Court ruling that deemed these rates illegal, effective Tuesday.
The US Customs and Border Protection (CBP) agency has announced that it will suspend the collection of tariffs as of Tuesday, October 24, in light of a recent Supreme Court ruling that classified these tariffs as illegal. This decision marks a significant change in the enforcement of tariffs initially imposed under the International Emergency Economic Powers Act. The agency communicated this suspension to shippers via its Cargo Systems Messaging Service, indicating a swift response to the Supreme Court's decision.
