Imposing a Temporary Import Surcharge To Address Fundamental International Payments Problems

This proclamation imposes, under section 122 of the Trade Act of 1974, a temporary 10 percent ad valorem import surcharge on articles imported into the United States for 150 days, effective 12:01 a.m. February 24, 2026 through July 24, 2026, unless suspended, modified, terminated, or extended by Congress. Exceptions cover certain critical minerals, currency metals, energy products, certain agricultural products, pharmaceuticals, certain electronics, vehicles and parts, aerospace products, articles subject to section 232 tariffs, USMCA-qualifying goods of Canada or Mexico, certain CAFTA-DR textiles, and goods in transit meeting specified entry deadlines. The surcharge is treated as a regular customs duty, and covered goods admitted into foreign trade zones must be admitted as "privileged foreign status". The United States Trade Representative is directed to monitor conditions and advise the President on suspension, modification, or further action, and the Commissioner of CBP is authorized to administer the surcharge.

Importers of record to Pay a 10 percent ad valorem surcharge, in addition to other applicable duties, on all non-excepted articles imported into the United States entered for consumption or withdrawn from warehouse for consumption (Effective 12:01 a.m. eastern standard time on February 24, 2026, through 12:01 a.m. eastern daylight time on July 24, 2026, unless suspended, modified, terminated, or extended by Congress). Parties admitting goods into U.S. foreign trade zones to Admit articles subject to the surcharge (other than those eligible for domestic status under 19 CFR 146.43) into a U.S. foreign trade zone as privileged foreign status under 19 CFR 146.41, subject upon entry for consumption to the applicable ad valorem duty rate (For admissions on or after February 24, 2026). Importers of record to To qualify for the goods-in-transit exception, ensure goods were loaded onto a vessel and in transit on the final mode of transit before 12:01 a.m. eastern standard time on February 24, 2026, and are entered for consumption or withdrawn from warehouse for consumption before the stated cutoff (Entry for consumption or withdrawal from warehouse before 12:01 a.m. eastern standard time on February 28, 2026).

No known legal challenges.