in effect
Proclamation 11040 (signed July 9, 2026) is a presidential action taken under Section 232 of the Trade Expansion Act of 1962, a law that allows the President to restrict imports found to threaten national security. It formally accepts a Commerce Department finding that current levels of imported commercial aircraft, jet engines, and related parts pose a national-security threat, and it directs trade officials to pursue negotiations with foreign partners rather than imposing immediate tariffs.
No new tariffs, quotas, or other import restrictions take effect immediately — the proclamation explicitly adopts a negotiations-first approach. The Secretary of Commerce and the U.S. Trade Representative are jointly ordered to open or continue trade talks with any foreign partners they consider appropriate to reduce the national-security risk. They must report back to the President within 180 days of July 9, 2026 (i.e., by approximately January 5, 2027). The Commerce Secretary is also required to keep monitoring aircraft-related imports on an ongoing basis and alert the President if conditions change in a way that might warrant further action, including tariffs. The proclamation reserves the President’s right to impose additional remedies — such as tariffs — if negotiations fail or produce no agreement within 180 days.
U.S. manufacturers of commercial aircraft, jet engines, and aerospace components are the primary domestic stakeholders; the proclamation signals potential future trade protections for that industry. Foreign aircraft manufacturers and exporters — including those in Europe, Canada, and elsewhere — face the prospect of negotiated trade agreements or, if talks stall, possible tariffs on their products shipped to the U.S. Airlines, maintenance providers, and other buyers of imported aircraft or parts are not directly affected yet but could face higher costs if future remedies include tariffs.