Back

U.S. Customs to Deactivate Tariff Codes Linked to Trump’s IEEPA Orders

The U.S. Customs and Border Protection will disable all tariff classifications tied to orders issued under the International Emergency Economic Powers Act.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • IEEPA (International Emergency Economic Powers Act): A U.S. law that grants the President authority to regulate commerce in response to national emergencies involving foreign threats.
  • Tariff Code: A numerical classification used to identify goods for trade and customs purposes, determining applicable duties and regulations.
  • U.S. Customs and Border Protection (CBP): A federal agency responsible for enforcing customs, immigration, and agricultural laws at U.S. borders and ports of entry.