Tag: Section 122
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The in-transit grace period for the new Section 301 duties ends today, closing out a frantic week in which one American tariff regime died, another was born, and importers were left to reconcile refunds, stacking rules, and a calendar full of deadlines. WASHINGTON, July 28, 2026 For American importers, Tuesday marks the end of the…
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A forced labor case gives the White House its most durable tariff wall yet, as new duties on 60 economies replace an expired stopgap and reset the cost of nearly every product entering the United States WASHINGTON, July 25, 2026 The United States began collecting a sweeping new round of import tariffs on Friday, imposing…
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The 10 percent global surcharge that rescued the administration’s tariff agenda after the Supreme Court’s IEEPA ruling dies by statute on Friday, and the Section 301 regime built to replace it is arriving with no cap and no clock WASHINGTON, July 21, 2026. The most consequential deadline in American trade policy since February arrives at…
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The United States replaces its expiring stopgap duties with sweeping Section 301 tariffs of 10 to 12.5 percent on 60 trading partners, citing their failure to ban goods made with forced labor WASHINGTON, July 24, 2026 | Peacock Tariff Consulting, US Trade Desk New American tariffs of 10 to 12.5 percent on imports from 60…
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Washington swaps an expiring global levy for a Section 301 ‘forced labour’ tariff, hitting Canada at 10 percent while sparing CUSMA-compliant goods Peacock Tariff Consulting, Canada Trade Desk. Ottawa. Filed July 24, 2026. OTTAWA, July 24, 2026. The United States moved on Thursday to impose a fresh set of tariffs on dozens of trading partners,…
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Treasury pays back $49.2 billion in invalidated tariffs in a single month, flipping last June’s celebrated surplus into a $120 billion deficit, with less than half the refund bill settled and a new generation of duties queued up to replace the old ones By the US Trade Desk, Peacock Tariff Consulting WASHINGTON, July 14, 2026…
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Three days of testimony in Washington close out the public phase of a plan to place new duties on 60 economies covering 99.4 percent of United States imports WASHINGTON, July 9, 2026 The Office of the United States Trade Representative concluded three days of public hearings Thursday on its proposal to impose additional tariffs of…
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The trade deficit swells to a 14 month high of $77.6 billion in May, a stinging data point that lands 17 days before the tariff wall built to shrink it expires and as Washington races to erect its replacement By the US Trade Desk, Peacock Tariff Consulting WASHINGTON, July 8, 2026 The statistic that has…
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Comment window closes on sweeping forced labor tariffs as USTR races to lock in a permanent replacement before the Section 122 surcharge expires July 24 By the US Trade Desk, Peacock Tariff Consulting WASHINGTON, July 6, 2026 The window for American businesses to shape the largest tariff action in the 52 year history of Section…
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What the May 2026 deficit and the post-SCOTUS tariff regime mean for US importers and exporters Vietnam reported a trade deficit of $5.21 billion in May 2026 the largest monthly shortfall since the country began publishing trade data in 1990. The result was a sharp reversal from the $0.62 billion surplus recorded a year earlier,…