New Section 301 Tariffs
Key Highlights
- Tariff rates vary: 10% for some countries, 12.5% for others, with specific exemptions available.
- Goods already in transit before July 24, 2026, are exempt if entered or withdrawn before July 28, 2026.
- Certain products, such as those under existing tariffs or qualifying under trade agreements, are exempt from new tariffs.
- Importers should review their supply chains and consult customs professionals to manage tariff exposure and compliance.
On July 23, 2026, the Office of the U.S. Trade Representative (USTR) announced it had finalized Section 301 Tariffs on 60 economies following investigations into their failure to impose and enforce prohibitions on imports made with forced labor.
The new duties went into effect on July 24, 2026, at 12:01 a.m. ET. Goods already on the final leg of their journey before that time are exempt, provided they are entered or withdrawn from a warehouse for consumption before 12:01 a.m. EST on July 28.
Separately, the 10 percent global tariff imposed under Section 122 expired at midnight on July 23, 2026.
Tariff Rates by Country
10 percent additional tariff:
- Argentina
- Bangladesh
- Cambodia
- Canada
- Ecuador
- El Salvador
- Guatemala
- Honduras
- India
- Indonesia
- Jordan
- Malaysia
- Mexico
- Pakistan
- Sri Lanka
- Trinidad and Tobago
- United Kingdom
European Union and Taiwan:
- A 10 percent net tariff, including the Most Favored Nation (MFN) rate, applies when the MFN rate is below 10 percent.
- No additional tariff applies if the MFN rate is 10 percent or higher.
Japan, South Korea and Switzerland:
- A 12.5 percent net tariff, including MFN, applies when the MFN rate is below 12.5 percent.
- No additional tariff applies if the MFN rate is 12.5 percent or higher.
12.5 percent additional tariff (all other investigated economies):
- Algeria
- Angola
- Australia
- Bahamas
- Bahrain
- Brazil
- Chile
- China
- Colombia
- Costa Rica
- Dominican Republic
- Egypt
- Guyana
- Hong Kong
- Iraq
- Israel
- Kazakhstan
- Kuwait
- Libya
- Morocco
- New Zealand
- Nicaragua
- Nigeria
- Norway
- Oman
- Peru
- Philippines
- Qatar
- Russia
- Saudi Arabia
- Singapore
- South Africa
- Thailand
- Turkiye
- United Arab Emirates
- Uruguay
- Venezuela
- Vietnam
Exemptions
The following are excluded from the new tariffs:
- Products already subject to Section 232 tariffs.
- USMCA-qualifying goods.
- Textile and apparel products from Dominican Republic-Central America Free Trade Agreement (DR-CAFTA) countries.
- Informational materials, donations and accompanied baggage.
- Chapter 98 goods.
- Civil aircraft and parts.
- Products unavailable domestically, products that could cause economy-wide disruption, and goods not produced in sufficient quantity in the U.S. or elsewhere.
- Products where an exemption would encourage a country to adopt or strengthen forced labor import bans.
- Articles where tariffs would not meaningfully pressure a country to change its practices.
Countries that have signed an Agreement on Reciprocal Trade (ART) with the U.S. have negotiated additional country-specific product exclusions. These largely mirror the general exemption categories above.
Companies importing from the affected countries should review their supply chains now to determine tariff exposure. Members with questions about how these tariffs apply to specific products should consult with customs counsel or a licensed customs broker.
For more information on the tariffs, click here.