SCOTUS ruled it illegal. All of it.

$175billion

From Feb 2025 to Feb 2026, the U.S. collected $175 billion in tariffs under IEEPA — a law the Supreme Court says never authorized tariffs at all.

Here's the receipt. Tap any month, then any country, to see where it went.

Data: Penn Wharton Budget Model, CBP, USITC HTS 2026, Census Bureau
Updated: February 25, 2026

Scroll to see every dollar
The shift
What changed when SCOTUS struck down IEEPA tariffs
Before · Feb 19
27%
Effective import tax rate
Highest since 1901
→
After · Feb 24
18%
Section 122 + remaining
tariffs still in effect
Feb 19 Stack
Feb 24 Stack
Struck down: All IEEPA tariffs — reciprocal (10–50%) and fentanyl surcharges (20%). ~$500M/day in revenue, gone overnight.

Still standing: Section 301 on China (7.5–100%), Section 232 on steel/aluminum/autos (25%), base MFN duties. New Section 122 at 15% universal partially backfills — capped at 150 days.
IEEPA collected $0.00B

U.S. Customs & Border Protection

IEEPA tariff collections — itemized
Learning Resources, Inc. v. Trump — No. 25-372
February 20, 2026
"IEEPA does not authorize the President to impose tariffs."
— Supreme Court, 6–3
VOID
IEEPA collections thru Jan 2026 $164.70B
Est. Feb 1–20 (~$500M/day) $10.30B
TOTAL COLLECTED $175.00B
≈ $1,300 per household · ≈ $3.50 per person per day
$506M
avg daily IEEPA collection rate · peak $640M in October
Refund status
PROCESSING
"I've got a feeling that money may be lost to the American people for good." — Treasury Secretary Scott Bessent, Feb 23
"Refunds are not automatic. PSCs for unliquidated entries, protests for the 180-day window, CIT test cases for closed entries. This is a multi-year recovery." — Pete Mento, Trade Advisor

New charges applied

Section 122 · Trade Act of 1974 · HTSUS 9903.03.01
15%
Universal import surcharge · effective Feb 24, 2026
--days
--hrs
--min
--sec

until Section 122 expires · July 24, 2026 · unless Congress acts

All imports, all countries. Doesn't stack with Section 232. USMCA-compliant goods exempt. 232 (steel/autos 25%), 301 (China 7.5–100%), and MFN duties remain.

|||| ||| |||| || ||||| ||| |||| 9903.03.01 |||| ||| ||||
RETAIN THIS RECEIPT FOR YOUR RECORDS
NO RETURNS · NO EXCHANGES · NO REFUNDS (PROBABLY)
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See the full tariff stack — what applied before SCOTUS, what applies now, and what it costs in real dollars.

Built by banjavi · Data from Penn Wharton Budget Model, USITC HTS, Census Bureau, CBP, Federal Register

Informational only. Tariff data is approximate and changes frequently. AI commentary is generated and may be inaccurate. Not legal, trade, or financial advice.