24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref. :EIC 111/3
EIC 111/3/13
23 February 2026
(Last updated on 26 February 2026)
Dear Sirs,
The US President on 20 February 2026 signed a proclamation invoking his authority under section 122 of the Trade Act of 1974 to impose a 10% temporary import duty on articles imported into the US for a period of 150 days effective from 24 February 2026.
DETAILS
2.Section 122 of the Trade Act of 1974 authorises the US President to impose, for a period not exceeding 150 days unless extended by an Act of the Congress, a temporary import surcharge up to 15% ad valorem and other temporary limitations on articles imported into the US in situations of fundamental international payments problems. On 20 February 2026, the US President signed a proclamation invoking his authority under section 122 of the Trade Act of 1974 to impose a 10% ad valorem temporary import duty on articles imported into the US for a period of 150 days effective on 24 February 2026, except as otherwise set forth in Annexes I and II to this proclamation. Besides, except as otherwise provided in this proclamation, the surcharge imposed in this proclamation is in addition to any other duties, taxes, fees, exactions, and charges applicable to such products. On the other hand, the surcharge imposed in this proclamation shall not apply in addition to tariffs imposed under section 232. To the extent a tariff imposed under section 232 applies to part of an import, the surcharge imposed in this proclamation shall apply to the part of the import to which section 232 tariffs do not apply but shall not apply to the part of the import to which section 232 tariffs do apply.
3.The Harmonized Tariff Schedule of the United States (HTSUS) shall be modified as provided in Annex I to the proclamation. The modifications shall be effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption on 24 February 2026, and shall continue in effect through 24 July 2026, unless the surcharge imposed in the proclamation is expressly suspended, modified, or terminated on an earlier date, or unless the effective period of such surcharge is extended by the US. The US shall determine whether any additional modifications to the HTSUS are necessary to effectuate this proclamation and shall make such modifications to the HTSUS through notice in the Federal Register (FR), including any technical correction to Annexes I and II to this proclamation.
4.For further details, please refer to the presidential proclamation, the White House’s fact sheet, the US Customs and Border Protection (CBP)’s message and the FR notice:
Presidential proclamation (20 February 2026)
https://www.whitehouse.gov/presidential-actions/2026/02/imposing-a-temporary-import-surcharge-to-address-fundamental-international-payments-problems/
White House’s fact sheet (20 February 2026)
https://www.whitehouse.gov/fact-sheets/2026/02/fact-sheet-president-donald-j-trump-imposes-a-temporary-import-duty-to-address-fundamental-international-payment-problems/
US CBP’s Cargo Systems Messaging Service Message - Imposing Temporary Section 122 Duties
https://content.govdelivery.com/bulletins/gd/USDHSCBP-40b3b7b?wgt_ref=USDHSCBP_WIDGET_2
FR notice
https://www.govinfo.gov/content/pkg/FR-2026-02-25/pdf/2026-03824.pdf
5.For enquiries concerning the content of this circular, please contact us at telephone number 2398 5405.
Yours faithfully,
(Miss Kwany KOU)
for Director-General of Trade and Industry
Note: While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.