Tariff Update – Current U.S. Trade Policy Developments

May 7, 2026

Dear Valued Customer,

We have been closely monitoring recent developments in U.S. tariff policy & want to provide a brief update on the current landscape.

Key Updates
— Tariffs previously implemented under the International Emergency Economic Powers Act (IEEPA) have been struck down by the Supreme Court & revoked
— These were immediately replaced with new tariffs under Section 122 of the Trade Act, currently in effect & set to expire on July 24, 2026. Additional tariffs are expected to be introduced under a different authority following this expiration
— Tariffs under Section 301 of the Trade Act of 1974 (various imports from China) & Section 232 of the Trade Expansion Act of 1962 (steel & aluminum) remain in effect & are not impacted by these changes.

IEEPA Refund Process
The government has introduced a refund process for IEEPA tariffs through the CAPE portal for importers of record.

At this time:
— Refunds apply only to IEEPA tariffs
— Section 301, Section 232 & other tariffs are not eligible
— The refund process is being rolled out in phases. Only Phase 1 is currently open & it is limited to unliquidated entries & those liquidated within the past 80 days. Timing for Phase 2 has not been announced.

For more information you can access the US Customs & Boarder Protection page.

Learn more


What This Means
While tariff structures continue to change, the overall effective impact has not shifted significantly.

At this time:
— We are not making changes to our current pricing structure
— We will continue to monitor the IEEPA refund process closely. As the government provides more clarity on timing & eligibility, we will update you on our approach moving forward.
— We continue to manage sourcing across multiple regions to maintain flexibility as Tariff policy continues to evolve. 

We recognize that continued shifts in tariff policy can be challenging to navigate. Our team is committed to keeping you informed & supporting you as these changes evolve. If you have any questions or need assistance, please don’t hesitate to contact your A+ Products representative.

Thank you for your continued trust & partnership.

Sincerely,
The A+ Products, Inc. Team

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