Sec 122 Tariffs Said to Increase to 15% This Week
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> 03/06/2026 > Sec 122 Tariffs Said to Increase to 15% This Week
> 03/06/2026 > UPDATE: CIT Orders US CBP to Give Importers IEEPA Refunds
> 03/03/26 > CAFC Sends IEEPA Cases Back to CIT to Address Refunds
Sec 122 Tariffs Said to Increase to 15% This Week
Posted on Mar 6
By: Brian Walczyk, Compliance Manager, TradeInsights, LCB, CCS
On March 4, 2026, Treasury Secretary Scott Bessent said the 10% Sec 122 global tariffs would likely be increased to 15% as seen here on CNBC.
Bessent went on to further state he believes U.S. tariff rates would return to where they stood before the Supreme Court struck down IEEPA, all by August.
The comment is most likely referring to joint efforts the USTR and Commerce Department are undertaking regarding trade-related studies that would open the door for Sec 301 or Sec 232 tariffs.
V. Alexander will continue to monitor this situation and issue updates as needed. Please contact your V. Alexander account team, or you may also contact our Trade Compliance team at tradeinsights@valexander.com with any questions, and you can always follow us on our website www.valexander.com for updates on this and other topics.