- Court Ruling on IEEPA Duties: The U.S. Court of International Trade (CIT) has ordered U.S. Customs and Border Protection (CBP) to liquidate and reliquidate certain import entries without the duties imposed under the International Emergency Economic Powers Act (IEEPA), following the Supreme Court’s decision that deemed these duties unlawful.
- Impact on Importers: The CIT’s March 4, 2026 order applies to all unliquidated entries subject to IEEPA duties, directing their liquidation without those duties and allowing for the reliquidation of any liquidated entries that are not final, emphasizing the need for uniform treatment of affected entries.
- Next Steps for Importers: Importers should assess the status of their entries impacted by IEEPA duties in light of this ruling, as relief may be available. However, the order does not apply to entries that have already been finalized in liquidation. Further guidance will be provided in an upcoming Tax Alert.
Source EY
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