OEC Tariff Updates
U.S. Judge Orders U.S. Government To Refund Tariffs Imposed Under IEEPA
March 5, 2026
Last month, the U.S. Supreme Court ruled that tariffs assessed under the International Emergency Economic Powers Act (IEEPA) were illegally imposed by the Trump Administration and granted the U. S. Court of International Trade (CIT) authority to determine the refund process.
Now, a federal judge from CIT has ordered the United States government to begin issuing refunds for tariffs imposed under IEEPA. The IEEPA tariffs include duties related to Russian oil, fentanyl, reciprocal measures, and other similar actions.
The Judge also ordered attorneys for the U.S. Government to present to him tomorrow (March 6, 2026) initial steps on how U.S. Customs Border Protection (CBP) can refund IEEPA tariffs to importers without requiring them to file a complaint with CIT.
The Trump Administration is expected to appeal this ruling. Nevertheless, we strongly advise all customers who have not already done so to establish an ACH refund account with CBP. Instructions for setting up an ACH refund account can be found here.
Customers who need assistance in creating an ACH refund account should immediately contact either their OEC customs brokerage consultant or customer service representative.
This is an evolving situation, and we will continue to share updates as new information becomes available. Please do not hesitate to reach out if you have any questions regarding this matter.
Tariff Rate Chart
Date Effective | Name | Country | Percentage |
|---|---|---|---|
2025/03/12 | Section 232 Steel and Aluminum | All Countries | 25% |
2025/04/03 | Section 232 Automobiles | All Countries except UK, Japan and EU | 25% * |
2025/05/03 | Section 232 Automobile Parts | All Countries except UK, Japan and EU | 25% * |
2025/06/04 | Section 232 Steel and Aluminum(Amended) | All Countries | 50%( Except UK remains 25%) |
2025/06/30 | United Kingdom Economic Prosperity Deal | United Kingdom | 10% |
2025/08/01 | Section 232 Copper | All Countries | 50% |
2025/09/16 | United States-Japan Agreement | Japan | 15% Ceiling |
2025/09/25 | United States-European Union Framework Agreement | European Union | 15% Ceiling |
2025/10/14 | Section 232 Timber and Lumber and their Derivative Products | All Countries except UK, Japan and EU | 10% - 25% * |
2025/11/01 | United States-Korea Strategic Trade and Investment Deal | Korea | 15% Ceiling |
2025/11/01 | Section 232 (medium/heavy-duty vehicles, parts, & buses) | All Countries except UK, Japan and EU | 10% - 25% * |
2025/11/14 | United States-Switzerland-Liechtenstein Agreement | Switerland | 15% Ceiling |
2026/01/15 | Section 232 Semiconductors and their Derivative Products | All Countries | 25% |
2026/02/24 | IEEPA End and Imposing Temporary Section 122 Duties | All Countries | 10% |
2027/01/01 | Section 232 Timber and Lumber and their Derivative Products | All Countries except UK, Japan and EU | 30% - 50% * |
* Tariff rate refer to United Kingdom Economic Prosperity Deal, United States-Japan Agreement and United States-European Union Framework Agreement，United States-Korea Strategic Trade
Disclaimer: The information provided has been compiled from multiple sources and is believed to be accurate and current to the best of our knowledge. While every effort is made to ensure accuracy, OEC assumes no responsibility or liability for any errors, omissions, or consequences arising from the use of this information. If you have any questions, please feel free to reach out to one of our Customs Brokerage advisors