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Sanctions & Trade

Section 122 Expires Tomorrow — Section 301 Replacement Imminent

The 10% global blanket tariff under Section 122 expires at 12:01 AM July 24, 2026 — the statutory 150-day limit. The replacement mechanism is USTR's Section 301 forced-labor duties, finding all 60 nations deficient as of June 2. Proposed rates: 10% on 15 countries with existing forced-labor frameworks (Canada, Mexico, UK, EU, Switzerland, Norway, and others); 12.5% on 46 countries including China,

BY FRONTIER DESK · JULY 23, 2026 · 1 MIN READ

The 10% global blanket tariff under Section 122 expires at 12:01 AM July 24, 2026 — the statutory 150-day limit. The replacement mechanism is USTR's Section 301 forced-labor duties, finding all 60 nations deficient as of June 2. Proposed rates: 10% on 15 countries with existing forced-labor frameworks (Canada, Mexico, UK, EU, Switzerland, Norway, and others); 12.5% on 46 countries including China, Japan, India, Vietnam, Indonesia, South Korea, and Taiwan. The structural significance: Section 301 has no statutory time cap and no expiration — it is legally more durable than IEEPA or Section 122, meaning these duties could remain in place indefinitely absent negotiated resolution. Federal appeals courts upheld Section 122 while appeal was pending; the CIT has already processed $86.3bn in IEEPA refunds with $166bn total estimated due. The Section 301 transition resets that refund calculus.

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