The US Customs and Border Protection (CBP) has declared that it will stop the collection of tariffs that were imposed under the International Emergency Economic Powers Act (IEEPA), effective Tuesday at 12:01 local time (07:01 Greece time). This decision comes after the Supreme Court ruled against what were known as Donald Trump's 'retaliatory' tariffs, prompting the agency to notify importers through its Cargo Systems Messaging Service (CSMS) that it would deactivate all tariff codes linked to previous presidential orders under the IEEPA.

The timing of this suspension aligns unsettlingly with the imposition of a new global tariff by Trump, set at 15%, which utilizes a different legal basis to replace the tariffs that were invalidated by the Supreme Court earlier in the week. Despite the clear directive from the Supreme Court, CBP has not provided explanations for its decision to continue tariff collections at entry ports in the days following the ruling, raising questions about the consistency and clarity of federal regulatory actions.

This development has significant implications for international trade and economic relations, particularly as the administration attempts to balance legal constraints with its trade policy objectives. The immediate cessation of these tariffs may offer relief to importers who had been strapped with additional costs, but the introduction of new tariffs under a different legal justification indicates that the contentious trade climate under previous administrations may persist, affecting both domestic consumers and international trade partners.