US to cease collecting duties under IEEPA from 00:01EST/05:01GMT on February 24th, according to the Customs Agency

The announcement that the US will cease collecting duties under the IEEPA may indicate a significant shift in trade policy that could spur economic activity or reduce costs for affected businesses.

Newsquawk StaffPublished 23 Feb 2026, 05:32 UTCOn the live feed at 05:12 UTC — 2 more headlines followed before this page went public

Newsquawk headlinesUTC

05:25

US forces begin withdrawing their troops from Syria to Iraqi Kurdistan, according to Al Jazeera

05:22

Magnitude 6.3 earthquake strikes Alaska, according to USGS

05:12

US to cease collecting duties under IEEPA from 00:01EST/05:01GMT on February 24th, according to the Customs Agency

05:05

ECB's Lagarde receives around EUR 140k a year as Bank for International Settlements board member, despite the ECB ban on third-party payments to staff, according to FT

05:00

Singaporean Inflation Rate MoM (Jan) M/M -0.5% vs Exp. -0.3% (Prev. 0.3%)

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Context

This could primarily benefit sectors reliant on imports, potentially leading to market adjustments in related assets. Traders should monitor the implications for trade flows and any subsequent adjustments in currency or commodity markets as a reaction unfolds.

All markets · last 90 days

Recent headlines that moved markets

METALS/1 Sep · 08:06

Two oil supertankers were reportedly hit by projectiles in the Strait of Hormuz, reports citing Marisks suggest (details light)

Spot Gold, after we published−1.0%

Further upside seen in energy, downside in equities and fixed and fresh USD strength following this. - Spot gold slipped to USD 4390/oz before dipping lower.

FX/28 Aug · 14:00

Fed Chair Warsh says Fed has more work to do unless confident underlying inflation is moving towards 2% objective

+0.5%DXY

ENERGY/27 Aug · 17:46

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

+1.4%Brent crude

EQUITIES/26 Aug · 12:56

States and Meta (META) and agree to settle claims that platforms harmed children, according to a court filing; Meta agrees to pay a maximum of USD 16.68bln to states as part of deal

+2.6%market

ENERGY/25 Aug · 19:26

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

−2.4%Brent crude

FX/2 Sep · 13:45

BoC holds rates as expected as 2.25%

−0.3%USD/CAD

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.