On 24 February 2026, the 10 per cent ad valorem surcharge imposed by the Proclamation signed on 20 February 2026 entered into force. The Proclamation was issued pursuant to section 122 of the Trade Act of 1974 (19 U.S.C. 2132) and section 604 of the Trade Act of 1974 (19 U.S.C. 2483), with modifications to the Harmonised Tariff Schedule of the United States (HTSUS) taking effect for goods entered for consumption, or withdrawn from warehouse for consumption, from that date. The surcharge is treated as a regular customs duty and is in addition to any other duties, taxes, fees, exactions, and charges applicable to such products, except where section 232 of the Trade Expansion Act of 1962 tariffs apply. Articles admitted into a United States foreign trade zone on or after this date must be admitted as "privileged foreign status" under 19 CFR 146.41. As set out in Annexes I and II to the Proclamation, the surcharge does not apply to automatic data processing machines and related parts and accessories (HTSUS 8471.30.01–8473.30.91), machines for the manufacture of semiconductor devices, electronic integrated circuits, flat panel displays, and masks and reticles (8486.10.00–8486.90.00), electronic integrated circuits (8542.31.00–8542.90.00), semiconductor devices (8541.10.00–8541.90.00), chemical elements doped for use in electronics (3818.00.00), sintered neodymium-iron-boron magnets (8505.11.0070), smartphones for cellular networks or other wireless networks (8517.13.00), machines for the reception, conversion, and transmission or regeneration of voice, images, or other data, including switching and routing apparatus (8517.62.00), flat panel display modules (8524.11.10–8524.99.00), monitors designed for use with automatic data processing machines of heading 8471 (8528.52.00), solid-state non-volatile storage devices (8523.51.00) and semiconductor articles provided for in heading 9903.79.01.
Original source