Ultimate Outcome Remains Uncertain
The 10% Section 122 surcharge that went into effect February 24, 2026, is currently scheduled to expire on July 24, 2026. At this time, no official announcement has been made regarding whether the surcharge will expire, but we expect it will expire and be replaced by the new 301 duties. The proposed Section 301 duties are outlined in the Federal Register notice linked here. However, these measures have not yet been finalized, as the hearing and review process is still underway.
While the situation remains uncertain, importers with products currently impacted by Section 122 should be aware of the upcoming deadline and continue to monitor developments closely. Changes to the current tariff structure could affect entry planning, sourcing decisions, and landed costs.
Deringer is actively monitoring developments and will provide updates as additional information becomes available.
If you have questions regarding your shipments or potential business impacts, please contact your Deringer representative.
