What does “SCOTUS overturns Trump tariffs” mean for Swiss exporters?

The 6–3 ruling invalidates IEEPA-based surcharges, trimming immediate US landed costs where they applied. Swiss firms should see brief relief while refund paths are assessed. The window may be short if a new Section 122 tariff of up to 15% arrives, so pricing and contract updates should start now.

Could a Section 122 tariff start within days and at what rate?

Officials signal a temporary global levy of up to 15%. Timing could be rapid, so assume short notice. Rate and scope may be broad, with limited carve-outs. Plan 0%, 10%, and 15% scenarios, update price lists, and prepare communications to US buyers to adjust quickly.

How can Swiss companies pursue potential duty refunds?

Coordinate with US importers and brokers. Gather entry summaries, payment proofs, and product classifications. File administrative claims per US Customs guidance tied to the invalidated measures. Processing times vary by port and documentation quality. Keep a clear audit trail, and align finance forecasts with probable refund timing rather than best-case hopes.

Law and Government

February 21: SCOTUS Overturns Trump Tariffs; 15% Section 122 Bid

ByDanny Kontos February 22, 2026February 22, 2026

SCOTUS overturns Trump tariffs in a 6–3 decision, striking down IEEPA-based duties and resetting near-term trade costs. The White House is now weighing a temporary global levy of up to 15% under Section 122 of the 1974 Trade Act. For Swiss exporters, this means short relief and a fast-changing rulebook. We explain the ruling, refund paths, the new tariff risk, and what it means for Swiss sectors and investors following US indices and policy headlines.