IEEPA Tariffs on Goods from Switzerland: 39 Percent, Then 15 Percent

The reciprocal tariff on Swiss goods

• April 5 to August 6, 2025: 10 percent baseline.
• August 7 to November 13, 2025: 39 percent.
• November 14, 2025: the higher of the ordinary duty or 15 percent including ordinary duty, applied retroactively to that date. The same applied to Liechtenstein.
• February 24, 2026: collection ended.

What this means for refunds

Entries from August 7 to November 13, 2025 carry the largest IEEPA share. Gold bars were a special case in 2025; see jewelry and precious metals. Pharmaceuticals were generally exempt from the reciprocal tariff under Annex II.

Who gets the refund

IEEPA duties paid on these goods may be refundable to the Importer of Record through CAPE, depending on each entry's liquidation status. Duties under Section 232, Section 301, antidumping and countervailing duty orders, and ordinary duties are not part of the IEEPA refund. See where to start and how to find your IEEPA duty lines.

When IEEPA duties ended

After the Supreme Court decision on February 20, 2026, CBP stopped collecting IEEPA duties at 12:00 a.m. Eastern on February 24, 2026. A separate 10 percent surcharge under Section 122 of the Trade Act of 1974 applied from February 24 to July 24, 2026. That surcharge is not an IEEPA duty and is not refunded through CAPE. See the Section 122 guide.

General information, not legal or customs advice. Facts last reviewed September 24, 2026. Confirm dates and options for your entries with a licensed professional.