Duties, tariffs and fees
Section 122 (Temporary Import Surcharge)
Section 122 of the Trade Act of 1974 allows a temporary import surcharge of up to 15 percent. It can last 150 days unless Congress extends it.
What does Section 122 (Temporary Import Surcharge) mean?
Section 122 (19 U.S.C. 2132) lets the President act on fundamental international payments problems, such as large and serious balance-of-payments deficits. A surcharge can last 150 days unless an Act of Congress extends it.
On February 20, 2026, the day of the Supreme Court decision on IEEPA duties, Proclamation 11012 imposed a 10 percent surcharge under Section 122. It applied to goods entered from 12:01 a.m. eastern standard time on February 24, 2026.
Entries reported it with HTSUS heading 9903.03.01. The proclamation excepted some goods, for example goods subject to Section 232 duties and USMCA-qualifying goods of Canada and Mexico.
The proclamation ended the surcharge at 12:01 a.m. eastern daylight time on July 24, 2026. From the same time, new Section 301 duties applied to products of the economies in USTR's forced labor investigations.
What does it mean for your shipment?
Keep the entry summaries of your entries from February 24 to July 23, 2026. We follow CBP messages and court decisions on these duties and report changes to our clients.
Allied CHB, licensed customs broker, CBP filer code 9AJ.
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All glossary terms · General information, not legal advice.