Global Trade Alert
Global Trade Alert

The World's Trade and Industrial Policy Watchdog

Rapid, independent verification since 2009

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.

21 Feb 2026

From IEEPA to Section 122: What Changed on 20 February 2026

The Supreme Court struck down the IEEPA tariffs. The White House reimposed them under Section 122 within hours. Here is what changed.

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