Supreme Court Ruling on IEEPA Imposed Tariffs
This morning on Friday February 20th, the Supreme Court made an official ruling on President Trump's "Liberation Day" tariffs falling under the International Emergency Economic Powers Act to be illegal. The court has not ruled on what will happen to the $130 billion in tariffs that has already been collected. The U.S. Customs Border Protection has not officially announced when these "emergency tariffs" will be removed. The decision does not affect all of Trump's tariffs, leav
25% Additional Tariff on Indian Products Removed
On February 6, 2026 a new Presidential Executive Order was issued to "Modifying Duties to Address Threats to the United States by the Government of the Russian Federation". Please see the official message from the U.S. Customs and Border Protection: "Products of India entered for consumption or withdrawn from warehouse for consumption on or after 12:01 a.m. eastern time on February 7, 2026, are no longer subject to the additional ad valorem duty rate of 25 percent imposed by
