concept

IEEPA tariffs

Also known as: IEEPA tariff

Facts (15)

Sources

Tracking Trump's Trade Deals | Council on Foreign Relations cfr.org Inu Manak, Allison J. Smith · Council on Foreign Relations Mar 17, 2026 11 facts

claimThe Section 122 tariffs include exemptions for specific goods such as agricultural products, fertilizer, and civil aircraft, mirroring exemptions previously granted for IEEPA tariffs.

measurementFollowing the end of IEEPA tariff collection on February 24, 2026, the United States implemented temporary Section 122 tariffs at a rate of 10 percent, which are applied in addition to existing MFN rates.

claimThe Supreme Court's invalidation of IEEPA tariffs resulted in the retraction of duties from seven executive orders: 14193 (Canada-Fentanyl), 14194 (Mexico-Fentanyl), 14195 (China-Fentanyl), 14245 (Venezuelan Oil), 14257 (Reciprocal Tariff), 14323 (Brazil), and 14329 (India-Russian Oil Imports).

procedureFollowing the Supreme Court ruling, U.S. Customs and Border Protection issued a bulletin on February 22, 2026, to end the collection of all IEEPA-based tariffs effective at 12:00 a.m. eastern time on February 24, 2026.

accountOn February 20, 2026, the U.S. Supreme Court struck down President Trump’s IEEPA tariffs.

claimTariffs authorized under Section 232 of the Trade Expansion Act of 1962 and Section 301 of the Trade Act of 1974 remain in effect following the February 2026 Supreme Court ruling on IEEPA tariffs.

measurementCollection of IEEPA tariffs ended on February 24, 2026, and was replaced with temporary Section 122 tariffs at a rate of 10 percent, which is applied on top of existing MFN rates.

claimIEEPA tariffs served as the basis for U.S. trade negotiations and agreed-upon tariff rates in framework and reciprocal trade agreements since Liberation Day.

measurementOn February 24, 2026, the United States replaced IEEPA tariffs with temporary Section 122 tariffs set at a 10 percent rate, which is applied in addition to existing MFN rates.

measurementThe collection of IEEPA tariffs ended on February 24, 2026, and was replaced by temporary Section 122 tariffs set at a rate of 10 percent, which are applied on top of existing Most Favored Nation (MFN) rates.

Tracking the Economic Effects of Tariffs | The Budget Lab at Yale budgetlab.yale.edu Budget Lab at Yale Mar 2, 2026 2 facts

claimFindings in the March 2, 2026 Budget Lab report reflect economic conditions prior to the Supreme Court of the United States decision repealing IEEPA Tariffs on February 20, 2026.

claimThe Supreme Court of the United States issued a decision repealing IEEPA Tariffs on February 20th, 2026.

USTR initiates Section 301 investigations of 60 US trade partners ... jdsupra.com JD Supra Mar 17, 2026 1 fact

claimThe Trump administration was required to rescind IEEPA tariffs on February 24, 2026, after the Supreme Court ruled that the International Emergency Economic Powers Act (IEEPA) does not grant the president authority to impose tariffs.

Transatlantic Trade, the Trump Disruption and the World ... - ECPS populismstudies.org Kent Jones · European Center for Populism Studies Jan 20, 2026 1 fact

claimThe US Supreme Court has agreed to expedite a decision on a case challenging the constitutionality of Donald Trump's IEEPA tariffs, though the court is not bound by a specific timetable and the verdict may not be definitive.