US Customs and Border Protection (CBP) has announced that duties imposed under the International Emergency Economic Powers Act (IEEPA) will no longer be collected beginning February 24, 2026.
According to CBP guidance issued on February 22, 2026, IEEPA-based duties will no longer apply to goods entered for consumption or withdrawn from warehouse for consumption on or after 12:00 a.m. Eastern Time on February 24, 2026. CBP also confirmed that the Automated Commercial Environment (ACE) system will be updated to inactivate the Harmonized Tariff Schedule (HTSUS) provisions associated with these duties.
In response to the recent ruling by the Supreme Court ending the use of IEEPA tariff authority, President Trump issued a proclamation imposing a temporary 10% ad valorem duty under Section 122 of the Trade Act of 1974. This duty will apply to articles imported into the United States for a period of 150 days and takes effect at 12:01 a.m. Eastern Time on February 24, 2026.
While the proclamation specifies a 10% duty, President Trump has also publicly stated he means to increase the 10% to 15% tariff via social media. At this time, the proclamation only authorizes the 10% rate, and CBP has not issued formal instructions regarding the collection mechanics or confirmation of the applicable surcharge rate. Additional CBP guidance is pending.
Mohawk Global will continue monitoring CBP guidance and will provide updates as additional details become available.