Tariff Update: Section 122 Tariffs Set to Expire, New Measures May Follow
Update: July 22nd, 2026
As global trade continues to shift, we want to keep our customers informed about the latest developments. These developments may impact import costs and supply chain planning.
At this time, the current Section 122 tariffs are scheduled to expire on July 24, 2026. However, industry discussions suggest that additional tariff measures may be introduced following the expiration date. While details remain limited, businesses should be prepared for possible changes that could affect future import costs.
What Are Section 122 Tariffs?
Section 122 is a trade authority that allows the U.S. government to apply temporary tariffs on imported goods in response to trade concerns. These tariffs were designed as a short-term measure and have a limited duration.
With the current Section 122 tariff period approaching its expiration date, attention is now focused on potential new actions. Specifically, there is focus on whether new tariff actions will be announced to replace or expand upon the existing measures.
What Could This Mean for Importers?
Any new tariff announcements could impact importers in several ways, including:
- Changes in duty costs: Additional tariffs could increase the overall landed cost of imported goods.
- Supply chain planning challenges: Companies may need to review sourcing strategies and shipment timing as new details become available.
- Potential shipping activity increases: Importers may choose to move cargo earlier to avoid possible duty increases. As a result, this could affect capacity and transit times.
- Closer review of product classifications: Tariff impacts are often based on product type and HTS classification
Current Developments
Information has already been released regarding potential tariff actions involving Brazil and Canada. However, further details on additional countries or products have not yet been announced.
At this stage, there is still uncertainty around what additional measures may be introduced. In addition, it is uncertain when they may take effect, and which commodities could be affected.
Please Stay Tuned
We will continue monitoring these developments and provide updates on our Website as more information becomes available.
Our team is committed to helping customers navigate changes in trade regulations and understand potential impacts.
