On February 24, 2026, the United States replaced IEEPA tariff collections with temporary Section 122 tariffs at a rate of 10 percent, which is applied on top of existing Most Favored Nation (MFN) rates.

Authors

• Person: Inu Manak, Allison J. Smith Organization: Council on Foreign Relations
  Tracking Trump's Trade Deals | Council on Foreign Relations

Sources

• Tracking Trump's Trade Deals | Council on Foreign Relations www.cfr.org Inu Manak, Allison J. Smith · Council on Foreign Relations via serper

Referenced by nodes (4)

• U.S. location
• International Emergency Economic Powers Act concept
• Section 122 tariffs concept
• most-favoured-nation clause concept