Section 122 Tariff Expires Friday With No Confirmed Replacement Yet Final
The 10% blanket import surcharge imposed under Section 122 is set to expire at 12:01 a.m. Eastern on July 24, and no White House proclamation or Federal Register notice has formalized a replacement as of the reviewed material. USTR Greer pointed toward Section 301 forced-labor investigations covering 60 economies that accounted for over 99% of U.S. imports in 2024, but proposed duties of 10% to 12.5% remain pending, not implemented. Importers face uncertainty on effective dates, applicable country rates, and whether in-transit goods will receive any grace period.