STATEMENT FROM PORT OF LOS ANGELES EXECUTIVE DIRECTOR GENE SEROKA ON SUPREME COURT RULING ON TARIFFS

Feb. 20, 2026 - The U.S. Supreme Court ruled today to rescind the sweeping tariffs implemented over the last year. The decision impacts about two thirds of the tariffs that have been collected to date and opens new avenues of uncertainty. First, there is not yet clarity on whether there will be refunds from the U.S. Treasury Department on tariffs already paid. Second, the administration has already announced a new 10% global tariff in the wake of the ruling with no indication as to when that will take effect.

As this develops in the middle of Lunar New Year, most of the factories in China and across Asia are closed for the holiday and not expected to reopen until at least next week.

The Port of Los Angeles and its network of supply chain partners stand ready to manage any fluctuation in cargo and get it through the system swiftly without delay.