INSIDE COMPLIANCE

For companies that spent the past year paying billions in tariffs imposed under the International Emergency Economic Powers Act (IEEPA), February 20, 2026 looked like a victory. The Supreme Court ruled that the IEEPA does not authorize the President to impose tariffs. But, if compliances officer, general counsel, and importers should not celebrate yet. The ruling did not end the tariff saga; it merely opened a new and more chaotic chapter.