1. U.S. Customs Halts IEEPA Tariffs

On February 22, 2026, around 10:00 PM EST, U.S. Customs and Border Protection (CBP) issued a notice via its Cargo Management System (CMSMS) informing importers that, starting February 24, 2026, at 12:00 AM EST or later, all tariff codes associated with previous IEEPA-based orders issued by President Trump will be deactivated.

The relevant executive orders include:

• EO 14193 – Addressing obligations related to illegal drug flows across the northern border, 90 Fed. Reg. 9113 (Feb 1, 2025), as amended.

• EO 14194 – Obligations for resolving the southern border situation, 90 Fed. Reg. 9117 (Feb 1, 2025), as amended.

• EO 14195 – Imposing responsibility on the People’s Republic of China’s synthetic opioid supply chain, 90 Fed. Reg. 9121 (Feb 1, 2025), as amended.

• EO 14245 – Tariffs on imports from Venezuela’s national oil sector, 90 Fed. Reg. 13829 (Mar 24, 2025).

• EO 14257 – Reciprocal tariffs on imported goods to correct persistent and large-scale U.S. trade deficits, 90 Fed. Reg. 15041 (Apr 2, 2025), as amended.

• EO 14323 – Tariffs targeting Brazil in response to threats against the U.S., 90 Fed. Reg. 37739 (Jul 30, 2025).

• EO 14329 – Tariffs targeting the Russian Federation in response to threats against the U.S., 90 Fed. Reg. 38701 (Aug 6, 2025), as amended.

Affected CMSMS codes include: 67702087, 67133044, 67045953, 66987366, 66871909, 66814923, 66749380, 66336270, 66242844, 66151866, 66146676, 66027027, 65894387, 65829726, 65807735, 65798609, 65573545, 65236645, 65236574, 65201773, 65201384, 65054354, 65054270, 65029543, 65029337, 64916414, 64859298, 64792502, 64724565, 64701128, 64687696, 64680374, 64649265, 64514918, 64336037, 64335789, 64297449, 64297292, 64299816, 64235342, 63988468.

2. Trump Raises Global Tariffs to 15%

On February 21, 2026, President Trump posted on his social media platform “Truth Social” that the 10% global import tariff would be raised to 15%.

Trump stated:

“Following a full, detailed, and comprehensive review of the Supreme Court’s February 20 ruling on tariffs—which is absurdly worded, extremely anti-American, and utterly flawed—we will immediately raise the current 10% global tariff to the fully allowed, legally validated 15% level.”

He further explained that in the coming months, the U.S. government will announce new legally permissible tariff measures.

Key points:

• The 15% rate represents the statutory maximum allowed under Section 122.

• This aggressive move came the day after Trump secured the legal authority, surprising both foreign governments and even White House staff.

• Although Section 122 tariffs have a 150-day limit, the Trump administration could theoretically restart them after expiration, creating a potentially indefinite tariff cycle.

• Additionally, the administration has initiated new investigations under Section 301 (unfair trade practices) and Section 232 (national security) to prepare future rounds of tariffs.

This move signals a heightened and ongoing U.S. trade enforcement strategy, catching global partners off guard.