Supreme Court Strikes Down IEEPA Tariffs: What Changed and What It Costs You On February 20, 2026, the U.S. Supreme Court ruled 6-3 that the International Emergency Economic Powers Act does not authorize the president to impose tariffs. The decision invalidates $160 billion in collections through February 20 and eliminates what would have been $1.4 trillion in tariff revenue through 2035.
A growing push to close the Harbor Maintenance Tax (HMT) land-border loophole could reshape how cargo moves into the United States — and it's gaining serious momentum in 2026.
Government shutdown customs delays](https://www.dhs.gov) are a real possibility that importers need to prepare for. When layered on top of the ongoing Federal Maritime Commission shutdown that's now entering its third week, the situation creates a dual-agency disruption with cascading effects throughout the supply chain.
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Customs and Border Protection (CBP) has issued further guidance on exemptions from the tariffs imposed by Executive Order 14323, issued July 30, 2025, “Addressing Threats to the United States by the Government of Brazil.” A new Executive Order, “Modifying the Scope of Tariffs on the Government of Brazil” provides updates to the products that are exempt from the Brazil tariffs.
Here’s a breakdown of what importers should do to prepare for the U.S. Consumer Product Safety Commission (CPSC) e-Filing requirements.
