U.S. Customs and Border Protection: To Stop Tariff Collections Under International Emergency Economic Powers Act on Tuesday

BlockBeats News, February 23, the U.S. Customs and Border Protection announced that it will cease to levy tariffs under the International Emergency Economic Powers Act at 12:01 a.m. Eastern Time on Tuesday, February 24 (1:01 p.m. Beijing Time), and the tariff codes associated with the International Emergency Economic Powers Act (IEEPA) will be deactivated in the Automated Commercial Environment (ACE) customs system starting from February 24. (FX678)