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24 July 2026 / Additional Resources
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Copy LinkAs of July 24, 2026, 10:00 AM ET
The Office of the US Trade Representative announced on July 23, 2026 the final action related to its Section 301 Investigation in the Acts, Policies, and Practices of Various Economies Related to the Failure to Impose and Effectively Enforce a Prohibition on the Importation of Goods Produced with Forced Labor by imposing a 10% or 12.5% tariff on 60 trading partners—including all of the US’s largest trading partners, subject to certain product exemptions, including those subject to Section 232 tariffs. A full list of exemptions can be found in the Federal Register notice. This action applies to 99.4% of US imports. These new tariffs took effect at 12:01 am eastern time on July 24, 2026. Goods loaded onto a vessel and in transit on the final mode of transit before July 24, 2026 escape the additional duty if they are entered before July 28, 2026.
These new Section 301 tariffs are seen as a replacement of the Section 122 tariffs that replaced the Supreme Court's invalidated IEEPA (International Emergency Economic Powers Act of 1977) tariffs which expired by statute at 12:01 am EDT on July 24, 2026, 150 days after taking effect on February 24, the maximum duration Congress allows without an extension.
As of July 24, 2026, 10:00 AM ET
The Office of the US Trade Representative announced on July 23, 2026 the final action related to its Section 301 Investigation in the Acts, Policies, and Practices of Various Economies Related to the Failure to Impose and Effectively Enforce a Prohibition on the Importation of Goods Produced with Forced Labor by imposing a 10% or 12.5% tariff on 60 trading partners—including all of the US’s largest trading partners, subject to certain product exemptions, including those subject to Section 232 tariffs. A full list of exemptions can be found in the Federal Register notice. This action applies to 99.4% of US imports. These new tariffs took effect at 12:01 am eastern time on July 24, 2026. Goods loaded onto a vessel and in transit on the final mode of transit before July 24, 2026 escape the additional duty if they are entered before July 28, 2026.
These new Section 301 tariffs are seen as a replacement of the Section 122 tariffs that replaced the Supreme Court's invalidated IEEPA (International Emergency Economic Powers Act of 1977) tariffs which expired by statute at 12:01 am EDT on July 24, 2026, 150 days after taking effect on February 24, the maximum duration Congress allows without an extension.
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