Global Trade Alert
Global Trade Alert

The World's Trade and Industrial Policy Watchdog

Rapid, independent verification since 2009

24 Feb 2026

What the Special Product Exceptions in the Tariff Deals Were Actually Worth

Country-specific product exceptions covered just 2.6 per cent of the trade exempted under IEEPA product-exception deals

21 Feb 2026

Section 122 in effect: what the US tariff regime looks like now

The Section 122 proclamation imposes a surcharge on most US imports (raised from 10% to 15% on 22 February), effective 24 February 2026 for 150 days. The trade-weighted average US tariff rate is 13.2% under S122 at 15%, compared with 11.6% at 10%, 15.3% before SCOTUS, and 8.3% after the IEEPA strike-down.

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