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White House Announces New Section 301 Tariffs on Imports from 60 Economies
The Office of the U.S. Trade Representative (USTR) has announced new Section 301 tariffs on most imports from 60 economies, with duty rates ranging from 10% to 12.5%, effective today at 12:01 a.m. ET on July 24, 2026.
USTR stated the additional duties apply to goods entered for consumption, or withdrawn from warehouse for consumption, on or after the effective date. A limited transit exception is available for merchandise loaded onto a vessel and in transit on its final mode of transportation before 12:01 a.m. ET on July 24, provided the goods are entered or withdrawn for consumption before 12:01 a.m. ET on July 28.
The action follows USTR’s Section 301 investigations alleging that certain trading partners have failed to adopt and effectively enforce prohibitions on the importation of goods produced with forced labor. U.S. Trade Representative Jamieson Greer stated that the measures were taken at the direction of President Trump.
Under the new framework:
- 10% tariffs will apply to countries that have committed to adopting and enforcing forced labor import prohibitions.
- 12.5% tariffs will apply to countries that have not adopted such prohibitions.
- USMCA compliant goods from Canada and Mexico are currently exempted from this new round of Section 301 tariffs.
The affected products, applicable HTS classifications, and available exemptions are detailed in the accompanying Federal Register notice.
Wilson International is closely monitoring guidance from U.S. Customs and Border Protection (CBP) and will provide updates as additional implementation details become available.
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