Tariffs Lifted: President Ends Extra Import Fees on Key Goods
Published Date: 2/25/2026
Presidential Document
Summary
The President is ending extra tariffs that were put in place to handle national security and trade threats from several countries. This means businesses and consumers will no longer face these added costs on certain imports, starting as soon as possible. The move signals a shift toward easing trade tensions and could save money for U.S. importers and shoppers.
Analyzed Economic Effects
3 provisions identified: 2 benefits, 1 costs, 0 mixed.
End of IEEPA Ad Valorem Tariffs
The President ordered that the additional ad valorem duties imposed under the International Emergency Economic Powers Act (IEEPA) in Executive Orders listed in Section 1 (including EOs numbered 14193, 14194, 14195, 14245, 14257, 14323, 14329, 14380, and 14382) shall no longer be in effect and, as soon as practicable, shall no longer be collected.
Shoppers Face Lower Import Prices
If you buy imported goods, you may no longer face the extra ad valorem duties that were imposed by the Executive Orders listed in Section 1; the order directs that collection of those additional duties end 'as soon as practicable.'
Other Duties and Feb 20 Actions Remain
The order explicitly does not affect other duties, including duties imposed under section 232 of the Trade Expansion Act of 1962 (19 U.S.C. 1862) and section 301 of the Trade Act of 1974 (19 U.S.C. 2411). It also leaves unchanged the Executive Order of February 20, 2026 (suspension of duty-free de minimis treatment) and the Proclamation of February 20, 2026 (temporary import surcharge).
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