Historical reciprocal tariff for IS-origin goods

A historical reciprocal tariff for IS-origin goods was an additional import measure applied under the International Emergency Economic Powers Act (IEEPA). “IS-origin” generally identifies goods whose country of origin is Iceland, but the official measure controls the exact origin rules, product coverage, and period of application. “Historical” means it may describe a past measure rather than a duty currently collectible.

“Reciprocal tariff” refers to an additional duty intended to respond to differences in market access or trade treatment between countries. It is separate from the normal Harmonized Tariff Schedule (HTSUS) duty and may interact with other customs measures. An importer must distinguish the product’s tariff classification (HTSUS code), country of origin, entry date, and any exclusions or special instructions to determine whether the measure applies. Customs-broker or trade-counsel review may be needed for difficult origin, classification, or duty-stacking questions.

What to check

• Confirm that the goods meet the official country-of-origin rules for IS, rather than relying only on the shipping country or seller location.
• Check the measure’s exact effective period and entry-date rules to determine whether it is historical or applies to the shipment being entered.
• Verify the product’s complete HTSUS classification and read the measure’s scope, exclusions, and any referenced headings or statistical suffixes.
• Determine whether the reciprocal duty is additional to ordinary customs duty or other applicable trade measures, and follow the official duty-stacking instructions.
• Keep records supporting origin, classification, valuation, and any claimed exclusion; ask a customs broker or trade attorney to review uncertain cases.