US Customs will cease collecting tariffs under the International Emergency Economic Powers Act from Tuesday, following a Supreme Court ruling deeming them unlawful. This move comes as President Trump introduces new 15% global tariffs under a different legal basis. The suspension specifically targets IEEPA duties, with other trade tariffs unaffected. US Customs will cease collecting tariffs under the International Emergency Economic Powers Act from Tuesday, following a Supreme Court ruling deeming them unlawful. This move comes as President Trump introduces new 15% global tariffs under a different legal basis. The suspension specifically targets IEEPA duties, with other trade tariffs unaffected.
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