The 2026 U.S. tariff landscape includes the post-IEEPA Section 122 surcharge (expiring July 24), Section 232 sectoral expansions (steel, aluminum, copper, pharma effective July 31, MedTech and semiconductor in flight), continuing Section 301 China tariffs, USMCA 2026 review, and various country-specific actions. The trend is sectoral coverage replacing broad-based tariffs.

This guide covers Trump Tariffs 2026 – A Comprehensive Overview. Specific tariff actions span statutes, programs, and enforcement mechanisms.

Practical implementation depends on company size, sector, and operational structure.

Post-IEEPA Section 122 surcharge

15% surcharge effective Feb 24, 2026 – July 24, 2026. Replaced struck-down IEEPA tariff. Successor uncertain.

Section 232 sectoral expansions

Steel and aluminum continued from 2018. Copper added 2026. Pharma effective July 31. MedTech and semiconductor in flight.

Section 301 China continued

Lists 1-4A continue. Periodic exclusion processes. No comprehensive resolution announced.

USMCA 2026 review

Trilateral review by July 1. Narrowly scoped to U.S.-Mexico production and non-market inputs. Agreement continues.

Frequently asked questions

When does this apply?

Most relevant for SMB importers facing the named situation or considering the named strategy.

What documentation is needed?

Standard CBP forms plus topic-specific records.

What is the timeline?

Initial assessment 2-4 weeks; complex implementation 8-16 weeks.

What does this cost?

Project work typically $5,000-$25,000. Ongoing retainer for active operations.

How do I begin?

Book a 15-minute scoping call. We confirm fit before any engagement.

Get started

Engage on specific tariff action work. Project pricing varies by scope.

About the author

Kyle Peacock is the Principal of Peacock Tariff Consulting, an independent tariff and customs advisory firm serving SMB importers across the U.S., Canada, the U.K., and the E.U. He has been quoted in Forbes, CNN, The Washington Post, BBC, CBC, CTV, Financial Post, Nasdaq, Supply Chain Brain, and Harvard Business School publications. Connect on LinkedIn.