The White House announced an executive order on February 20, 2026, ending certain additional ad valorem duties that had been imposed under the International Emergency Economic Powers Act (IEEPA) in response to various national emergencies. These duties were previously enacted through a series of executive orders targeting threats related to illicit drugs, trade practices, and actions by specific foreign governments.
According to the order signed by President Donald J. Trump, "In light of recent events, the additional ad valorem duties imposed pursuant to IEEPA in Executive Order 14193, as amended; Executive Order 14194, as amended; Executive Order 14195, as amended; Executive Order 14245; Executive Order 14257, as amended; Executive Order 14323, as amended; Executive Order 14329, as amended; Executive Order 14380; and Executive Order 14382 shall no longer be in effect and, as soon as practicable, shall no longer be collected." The president further clarified that other measures addressing the national emergencies cited in these executive orders would remain unchanged.
The new directive authorizes heads of executive departments and agencies to take immediate steps to end collection of these specific duties. It also allows for possible modifications to the Harmonized Tariff Schedule if deemed necessary by relevant officials.
"This order affects only the additional ad valorem duties imposed under IEEPA pursuant to the Executive Orders described in section 1 of this order. This order does not affect any other duties, including duties imposed under section 232 of the Trade Expansion Act of 1962... and section 301 of the Trade Act of 1974," states the document.
Other tariff actions such as those related to duty-free de minimis treatment and temporary import surcharges remain unaffected by this decision.
The costs for publishing this order will be covered by the Department of Homeland Security.
