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US collected $166 billion under IEEPA duties, customs agency says

US collected $166 billion under IEEPA duties, customs agency says

US collected $166 billion under IEEPA duties, customs agency says

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WASHINGTON, March 6 (Reuters) – The U.S. Customs and Border Protection agency said on Friday it collected about $166 billion in duties and deposits under the emergency tariffs imposed by President Donald Trump that were struck down by the Supreme Court.

CBP said in a Court of International Trade filing declaring that it could not comply with a judge’s order to begin processing refunds that there were about 20.1 million entries under the International Emergency Economic Powers Act tariffs that were unliquidated, or not finalized, as of March 4.

(Reporting by David Lawder; Editing by Chizu Nomiyama)

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