Imposing a Temporary Import Surcharge to Address Fundamental International Payments Problems

February 20, 2026, President Trump is imposing, for a period of 150 days, a temporary import surcharge of 10 percent ad valorem, as described below, on articles imported into the United States, effective February 24, 2026. The surcharge imposed in this proclamation shall not apply to the following products:

(a) certain critical minerals;

(b) metals used in currency and bullion;

(c) energy and energy products;

(d) natural resources and fertilizers that cannot be grown, mined, or otherwise produced in the United States or grown, mined, or otherwise produced in sufficient quantities to meet domestic demand;

(e) certain agricultural products, including beef, tomatoes, and oranges;

(f) pharmaceuticals and pharmaceutical ingredients;

(g) certain electronics;

(h) passenger vehicles, certain light trucks, certain medium- and heavy-duty vehicles, buses, and certain parts of passenger vehicles, light trucks, medium- and heavy-duty vehicles, and buses;

(i) certain aerospace products;

(j) information materials, donations, and accompanied baggage;

(k) all articles and parts of articles currently or that later become subject to additional import restrictions imposed pursuant to section 232 of the Trade Expansion Act of 1962, as amended (19 U.S.C. 1862) (section 232);

(l) articles that are entered free of duty as a GOODS OF CANADA OR MEXICO under the terms of general note 11 to the Harmonized Tariff Schedule of the United States (HTSUS), including any treatment set forth in subchapter XXIII of chapter 98 and subchapter XXII of chapter 99 of the HTSUS, as related to the Agreement between the United States of America, United Mexican States, and Canada; and

(m) TEXTILE AND APPAREL ARCTILES FROM DR-CAFTA (Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, or Nicaragua under the Dominican Republic-Central America Free Trade Agreement).

Read the Proclamation HERE.