Historical reciprocal tariff for IS-origin goods

A “historical reciprocal tariff for IS-origin goods” is a trade measure associated with goods whose country of origin is identified by the code “IS” (commonly Iceland). “Historical” indicates that the measure is recorded for a past period or may no longer be active; it should not be treated as a currently collectible duty without checking the official status and effective dates.

“IEEPA” refers to the International Emergency Economic Powers Act, a US law that can provide authority for certain import measures. A reciprocal tariff generally applies an additional duty intended to address differences in trade treatment between the United States and another country. It is usually assessed in addition to the normal tariff classification duty, unless the official measure provides otherwise. The importer must review the product’s tariff classification, country of origin, entry date, and any exclusions or special instructions.

What to check

• Confirm whether the measure is active, historical, suspended, or otherwise unavailable for collection, and check its official effective and termination information.
• Verify that “IS” is the applicable country-of-origin code; do not rely only on the shipping country, seller location, or export location.
• Classify the product under the correct Harmonized Tariff Schedule (HTS) provision and check whether the measure identifies an additional tariff provision or reporting requirement.
• Check the relevant customs entry date, valuation basis, exclusions, quotas, and any product-specific or origin-specific conditions in the official instructions.
• Ask a customs broker or trade professional to review the treatment when origin, classification, effective status, or overlapping measures is uncertain.