Jul 23, 2026
negativeTrump Tariff 10% Global Levy Expires Friday — Section 301 Duties on 60 Countries at 10%–12.5% Set to Replace It, Covering 99% of US Trade
The Trump administration's temporary 10% global import tariff, imposed in February under Section 122 after the Supreme Court struck down its IEEPA-based tariffs, expires Friday. US Trade Representative Jamieson Greer signaled its replacement: Section 301 duties of 10%–12.5% targeting 60 countries on grounds of forced-labor practices, covering an estimated 99% of US trade. Nations in scope include China, the EU, Japan, South Korea, Vietnam, Mexico, and Taiwan, threatening supply chains across tech, apparel, autos, and retail.