U.S. Trade Representative to Issue New Tariffs Under Section 301, The Vision Council Advises

ALEXANDRIA, Va.—Following the U.S. Supreme Court's February decision, which limited the presidential authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA), the President subsequently imposed a temporary import surcharge of up to 15 percent for a maximum of 150 days under Section 122 of the Trade Act of 1974. With these tariffs set to expire on July 24, 2026, the U.S. Trade Representative (USTR) announced findings from the Section 301 forced labor investigation, citing forced labor concerns across more than 60 countries, according to The Vision Council, which for the optical industry, could mean additional costs at every level of the supply chain.