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2026-07-24Global 301Effective

Global Section 301 program rebuilt: tiered rates take effect (10% / 12.5%)

Per FR 2026-15181, the global Section 301 program takes effect 2026-07-24: a 10% tier for most economies and a 12.5% tier incl. China; combined MFN+301 caps of 10% (EU/TW) and 12.5% (JP/KR/CH). Section 232-covered goods, USMCA-qualifying goods and exclusion-list items are exempt. Litigation pending — CBP enforcement prevails.

Scope

All HTS codes

Old → new values

ItemOld valueNew value
Most economies tierNone (vacated with IEEPA)10%
China tierNone12.5% (unverified against FR text)

Official sources