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US Section 122 tariffs expire Friday, setting up uncertain future

By Bradley Dress ( July 20, 2026, 17:14 GMT | Comment) -- President Donald Trump's temporary 10 percent global tariffs under Section 122 of the 1974 Trade Act will expire Friday, ushering in a new era of uncertainty across the trading world as expected new duties will likely be challenged and modified under their replacement authority, Section 301 of the same law. President Donald Trump's temporary 10 percent global tariffs under Section 122 of the 1974 Trade Act will expire Friday, ushering in a new era of uncertainty across the trading world as expected new duties will likely be challenged and modified under their replacement authority, Section 301 of the same law. ...

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