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.

Source

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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: 14 May 2026
Import tariff In force

Recent update from 12 May 2026:

On 12 May 2026, the U.S. Court of Appeals for the Federal Circuit paused the CIT's ruling and consolidated the Government's two appeals into one. Proclamation No. 11012 therefore remains in force f...

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Updated: 14 May 2026
Import tariff In force

Recent update from 12 May 2026:

On 12 May 2026, the U.S. Court of Appeals for the Federal Circuit paused the CIT's ruling and consolidated the Government's two appeals into one. Proclamation No. 11012 therefore remains in force f...

Sign in to see more

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