Global Trade Alert
Global Trade Alert

United States of America: U.S. Administration imposes temporary 10% import surcharge under Section 122 to address balance-of-payments deficit

Announcement

20 Feb 2026

In February 2026, the U.S. Administration issued a proclamation imposing a temporary 10% ad valorem surcharge on most imported goods for 150 days to address international payments problems under section 122 of the Trade Act of 1974.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Feb 2026

Revocation date:

24 Jul 2026

Updated: 20 Feb 2026
Import tariff In force

Recent update from 02 Apr 2026:

On 2 April 2026, the U.S. Administration announced modifications to existing Section 232 tariffs on aluminium, steel, and copper imports, extending the duties to the full customs value of affected ...

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Updated: 20 Feb 2026
Import tariff In force

Recent update from 02 Apr 2026:

On 2 April 2026, the U.S. Administration announced modifications to existing Section 232 tariffs on aluminium, steel, and copper imports, extending the duties to the full customs value of affected ...

Sign in to see more

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