Section 122 U.S. Import Surcharge Scheduled to Sunset on July 24

Summary

The 10% Section 122 import surcharge is set to expire at 12:01 a.m. EDT on 24 July 2026 unless extended by Congress or replaced by another tariff action, according to a 27 June importer checklist from Greenwich Mercantile. Importers are being advised to model entry timing, exemptions, drawback opportunities and replacement-tariff risk before the deadline. The surcharge is one of several overlapping tariff programmes, with Section 301 and Section 232 actions remaining in place even if the Section 122 line sunsets.