in effect
Executive Order 14389, signed February 20, 2026, is a presidential directive that cancels a set of emergency tariffs that had been imposed on imports from multiple countries using authority under the International Emergency Economic Powers Act (IEEPA). It instructs federal agencies to stop collecting those tariffs as soon as possible.
The additional percentage-based import duties (ad valorem tariffs) that were imposed under nine prior executive orders — covering goods from Canada, Mexico, China, Venezuela, and countries subject to the “reciprocal tariff” framework, as well as Brazil, Russia, Cuba, and Iran — are ended. Agencies must immediately begin unwinding collection of those duties and may update the Harmonized Tariff Schedule (the official list of U.S. import tax rates) to reflect the change. The underlying national emergencies that justified those tariffs remain formally in place and are not canceled. Other tariffs not imposed under IEEPA — including those under Section 232 (national security) and Section 301 (unfair trade practices) — are not affected. Two separate actions also dated February 20, 2026 (a surcharge addressing international payments imbalances and a suspension of duty-free treatment for small packages) are also left untouched.
U.S. importers and businesses that were paying the IEEPA-based tariffs on goods from the listed countries will no longer owe those additional charges once agencies implement the order. Foreign exporters selling into the U.S. market from those countries similarly see the tariff barrier removed. U.S. Customs and Border Protection, the Commerce Department, and the U.S. Trade Representative are the agencies responsible for carrying out the change in practice.