concept

Section 122 tariffs

Also known as: Section 232 tariffs, Section 122 tariff

Facts (38)

Sources

Tracking Trump's Trade Deals | Council on Foreign Relations cfr.org Inu Manak, Allison J. Smith · Council on Foreign Relations Mar 17, 2026 34 facts

claimThe Section 122 tariffs include exemptions for specific goods such as agricultural products, fertilizer, and civil aircraft, mirroring exemptions previously granted for IEEPA tariffs.

claimOne hundred countries that previously had a 10 percent reciprocal rate may face higher duties on some products under the new Section 122 tariff structure, including countries that had negotiated lower rates in their frameworks or reciprocal trade agreements.

claimThe framework agreement between the United States and Ecuador does not mention modifications to Section 232 tariffs.

measurementFollowing the end of IEEPA tariff collection on February 24, 2026, the United States implemented temporary Section 122 tariffs at a rate of 10 percent, which are applied in addition to existing MFN rates.

measurementIEEPA tariff collection ended on February 24, 2026, and was replaced with temporary Section 122 tariffs at a rate of 10 percent, which is applied on top of existing Most Favored Nation (MFN) rates.

accountThe United States and the United Kingdom announced an Agreement in Principle on Pharmaceutical Pricing on December 1, 2025, which exempted specific UK-origin medical technology and pharmaceutical goods from Section 232 tariffs and potential future Section 301 tariffs.

measurementOn February 20, 2026, the Trump administration announced a 10 percent rate for Section 122 tariffs, which would require a modification to increase to the 15 percent cap.

claimThe United States will remove Section 232 tariffs on certain aircraft and aircraft parts from India, provide India with preferential tariff rate quotas (TRQs) for automotive parts, and negotiate tariffs on pharmaceuticals and ingredients once the pending Section 232 investigation is complete.

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

measurementOf the 166 trading partners that faced reciprocal tariffs on Liberation Day, 66 trading partners faced a tariff rate above 10 percent and now face a lower rate, though rates may be higher for some products due to the stacking of Section 122 tariffs on top of most favored nation rates.

measurementFollowing the end of IEEPA tariff collection on February 24, 2026, the United States replaced them with temporary Section 122 tariffs at a rate of 10 percent, which are applied in addition to existing Most Favored Nation (MFN) rates.

claimProducts from Canada and Mexico that comply with the U.S.-Mexico-Canada Agreement, as well as apparel and textiles originating from CAFTA-DR countries (Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, and Nicaragua), are exempt from Section 122 tariffs.

measurementIEEPA tariff collection ended on February 24, 2026, and was replaced with temporary Section 122 tariffs at a rate of 10 percent.

measurementCollection of IEEPA tariffs ended on February 24, 2026, and was replaced with temporary Section 122 tariffs at a rate of 10 percent, which is applied on top of existing MFN rates.

claimUnder the trade framework, the United States agreed to exempt certain products from reciprocal tariffs in accordance with Executive Order 14346, and consideration will be given to exemptions from Section 232 tariffs.

claimThe U.S.-South Korea trade agreement includes a provision for additional consideration regarding future Section 232 tariffs on semiconductors, similar to the modification made for the European Union.

claimThe U.S.-El Salvador Agreement on Reciprocal Trade does not outline specific exemptions from Section 232 tariffs in its main text, though the agreement notes that consideration will be given to such exemptions.

measurementThe collection of IEEPA tariffs ended on February 24, 2026, and was replaced by temporary Section 122 tariffs at a rate of 10 percent, which is applied in addition to existing Most Favored Nation (MFN) rates.

claimThe US-Cambodia trade agreement mentions consideration for exemptions from Section 232 tariffs, but no specific exemptions were outlined in the main text of the agreement.

measurementOn February 24, 2026, the collection of IEEPA tariffs ended and was replaced with temporary Section 122 tariffs at a rate of 10 percent, which is applied in addition to existing Most Favored Nation (MFN) rates.

accountIEEPA tariff collection ended on February 24, 2026, and was replaced with temporary Section 122 tariffs at a rate of 10 percent, which is applied in addition to existing Most Favored Nation (MFN) rates.

measurementOn February 24, 2026, the United States replaced IEEPA tariffs with temporary Section 122 tariffs set at a 10 percent rate, which is applied in addition to existing MFN rates.

claimU.S. Trade Representative Jamieson Greer stated that the administration would initiate several investigations under Section 301 of the Trade Act of 1974, continue ongoing 301 investigations involving Brazil and China, maintain existing Section 232 tariffs, and conclude ongoing investigations to yield new duty rates to replace Section 122 tariffs.

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

measurementIEEPA tariff collection ended on February 24, 2026, and was replaced by temporary Section 122 tariffs at a rate of 10 percent, which is applied on top of existing Most Favored Nation (MFN) rates.

claimThe 10 percent Section 122 tariff rate is applied in addition to existing Most Favored Nation (MFN) tariff rates.

measurementThe collection of IEEPA tariffs ended on February 24, 2026, and was replaced by temporary Section 122 tariffs set at a rate of 10 percent, which are applied on top of existing Most Favored Nation (MFN) rates.

claimSection 122 tariffs do not stack on top of Section 232 sectoral tariffs, providing an exemption for products already subject to those duties.

accountOn 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.

measurementIEEPA tariff collection ended on February 24, 2026, and was replaced with temporary Section 122 tariffs at a rate of 10 percent, which is applied on top of existing MFN rates.

claimThe United States modified Section 232 tariffs on auto parts, lumber, timber, and wood derivatives to a maximum rate of 15 percent.

accountThe United States ended IEEPA tariff collection on February 24, 2026, replacing them with temporary Section 122 tariffs at a rate of 10 percent, which are applied in addition to existing Most Favored Nation (MFN) rates.

USTR initiates Section 301 investigations of 60 US trade partners ... jdsupra.com JD Supra Mar 17, 2026 2 facts

measurementSection 122 tariffs under the Trade Act of 1974 are limited to a maximum duration of 150 days and a maximum tariff rate of 15%.

claimUnlike Section 122 tariffs, Section 301 tariffs are not subject to the same practical time or rate limitations.

Transatlantic Trade, the Trump Disruption and the World ... - ECPS populismstudies.org Kent Jones · European Center for Populism Studies Jan 20, 2026 2 facts

measurementThe initial US tariff assigned to the EU was 30%, with additional Section 232 tariffs of 50% on steel and aluminium.

referenceIn his second term, Donald Trump extended Section 232 tariffs to include automobiles, auto parts, copper, pharmaceuticals, kitchen cabinets, bathroom vanities, and heavy trucks (Covington and Burling LLP 2025).