The U.S. Customs and Border Protection agency said it will halt collections of tariffs imposed under the International Emergency Economic Powers Act at 12:01 a.m. EST (0501 GMT) on Tuesday, more than three days after the U.S. Supreme Court declared the duties illegal.
The agency said in a message to shippers, opens new tab on its Cargo Systems Messaging Service (CSMS) that it will de-activate all tariff codes associated with Donald Trump’s prior IEEPA-related orders as of Tuesday.
The IEEPA tariff collection halt coincides with Trump’s imposition of a new, 15% global tariff under a different legal authority to replace the ones struck down by the Supreme Court on Friday.
They gonna ignore the new illegal ones as well?
Nope. Gonna take care of one grift at a time here.
Unfortunately, those are not illegal.
A 2am xhitter tweet by a demented president doesn’t actually change their orders. Even a signed executive order signed by the president doesn’t do anything if it’s general. Specific instructions need to be formalized and implemented and the morons in the WH aren’t so good at that - it will take time, and if the try to back date policy they will likely be sued. Meanwhile, companies are shifting product to US warehouses quickly right now. And of course they won’t lower prices to consumers because why would they, especially since the orange moron has said he will add tariffs back as soon as he can.
The problem is that he actually has the authority for the new ones.
For 150 days or some shit right?