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Trade Policy

US importers accelerate shipments ahead of July 24 tariff deadline

Source: Drewry / DFAT · 2026-07-03
Summary

With the US 10% global Section 122 tariff set to expire July 24 and a Section 301 'forced-labour' probe of 60 economies looming, importers are front-loading cargo to beat potential new duties. The de minimis exemption for low-value imports was already suspended on Feb 20, 2026, adding to uncertainty.

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