The State of Tariffs
President Trump has made sweeping changes to U.S. tariffs since he began his second term in January 2025. From the Liberation Day tariffs to the various Section 122 and 301 investigations and tariffs, U.S. trade has shifted more in the past year than almost anytime in history. USFIA is pleased to provide the following resources to those wanting to learn more about the state of tariffs in 2026.
Imposed under Section 122, these temporary tariffs are set to expire on July 24, 2026.
A new 10% or 12.5% tariff on 60 U.S. trading partners under USTR's Section 301 forced labor investigation.
CBP has accepted over a hundred billion in potentials and certified refunds since opening CAPE as of July 10, 2026.













