Tariff Update

August 4, 2026

Dear clients and friends, 

We have some updates to share. 

Section 122 Tariffs (February 24 – July 23, 2026) — Expired; Refund Process Still TBD 

The Section 122 tariffs reached their 150-day statutory limit and expired at 12:01 a.m. on July 24, 2026. On May 7, the Court of International Trade ruled that these 10% global tariffs were unlawful. That ruling's relief is limited to the named plaintiffs. Our position is unchanged: we are monitoring closely and will do everything in our power to secure refunds on your behalf if that becomes possible. 

Section 301 Tariffs (shipments cleared on or after July 24, 2026) — Still 10%, New Legal Authority 

At the same moment Section 122 expired, a new tariff took effect under Section 301 of the Trade Act of 1974. The practical effect for you is no change: French wine continues to carry a 10% tariff. What has changed is the legal foundation beneath it. Section 301 is a longer-established authority than IEEPA or Section 122, and it carries no built-in expiration date. It has already drawn legal challenges, and we will keep you posted. 

IEEPA Tariff Refunds (shipments cleared April 2025 – February 24, 2026) — In Progress 

The federal refund portal opened April 20, and we have been submitting requests on your behalf since day one. We know many of you have been waiting a long time for this moment — and so have we. Every shipment, every dollar paid on your behalf has been accounted for, and the moment that door opened, we were ready. We have begun receiving payments from the US government and have already initiated refunds directly with our earliest impacted customers. You will hear from us via email when a refund is processed, confirming the refund amount and method used.  

As always, feel free to let us know if you have any questions.

The Cote d'Or Imports Team