The temporary Section 122 import surcharge expired at 12:01 a.m. Eastern Daylight Time on July 24, 2026. At nearly the same moment, a new group of Section 301 tariffs became effective on imports from 60 economies.

Customs refunds are changing. U.S. Customs and Border Protection now issues refunds electronically through Automated Clearing House, commonly called ACH, subject to limited exceptions. This change affects importers, customs brokers, suppliers, sureties, drawback claimants, foreign trade zone operators, and other parties that may receive customs related refunds from CBP.

CAPE Phase 2 and IEEPA Refunds: What Importers Need to Know to Get Their Money Back from the U.S. Government