This executive order declares that the additional ad valorem taxes imposed pursuant to the International Emergency Economic Powers Act in Executive Orders 14193, as amended; 14194, as amended; 14195, as amended; 14245; 14257, as amended; 14323, as amended; 14329, as amended; 14380; and 14382 shall no longer be in effect.
U.S. Supreme Court has held that the president does not have the authority to impose tariffs under the International Emergency Economic Powers Act. See the comment to Executive Order 14257 and our client alert on Feb. 20, 2026.