This proclamation by President Donald J. Trump imposes a temporary 10 percent ad valorem import surcharge on articles entering the United States, effective February 24, 2026, for a period of 150 days.

The President finds that large and serious fundamental international payments problems exist, citing a substantial and growing balance-of-payments deficit, a negative balance on primary income, and a sharp decline in the net international-investment position relative to GDP. The surcharge is authorized under section 122 of the Trade Act of 1974 as a necessary measure to stabilize the U.S. economy and national interests.

The proclamation details numerous exceptions to the surcharge based on specific economic needs, including critical minerals, energy products, certain essential agricultural goods, pharmaceuticals, and goods originating from Canada or Mexico under existing trade agreements.

This Presidential Proclamation, issued on February 16, 2026, reserves the date to honor the life, service, and legacy of George Washington, the first President of the United States, particularly in the context of the Nation's 250th anniversary of independence.

The document details Washington's pivotal role in the Revolution, his defense of the rule of law (such as during the Whiskey Rebellion), his precedent-setting tenure as the first President, and his insistence that national virtue stems from faith in the Creator.

Ultimately, the action formally proclaims February 16, 2026, a reserved holiday to show gratitude for Washington's indelible contributions to American sovereignty and freedom.

This document formally announces a list of Presidential Nominations that have been sent to the Senate for confirmation, detailing individuals nominated for various key leadership and representative roles across several federal departments and independent agencies, including the Department of Justice, Department of State, Department of the Interior, Department of Energy, the Federal Election Commission, and the Consumer Product Safety Commission, often filling seats vacated by resignations or expired terms.

This Presidential Action establishes the White House Great American Recovery Initiative (Initiative) to elevate and coordinate the national response to the addiction crisis, which affects 16.8 percent of the population and costs the United States hundreds of billions annually.

The Initiative will be co-chaired by the Secretary of Health and Human Services and the Senior Advisor for Addiction Recovery, comprising numerous cabinet-level officials and agency heads.

Its goals include coordinating federal programs, increasing public awareness of addiction as a chronic disease, advising agencies on integrating prevention, treatment, and recovery support across various systems (healthcare, criminal justice, housing), and consulting with state and community partners to advance a national effort toward recovery.

This Presidential Action asserts that state and local governments in California failed to manage the aftermath of devastating Los Angeles wildfires, causing significant delays in rebuilding despite extensive federal debris removal and financial aid allocation.

The order mandates immediate and decisive federal action to circumvent these perceived state and local bureaucratic obstacles, primarily directing the Secretary of Homeland Security (via FEMA) and the Small Business Administration (SBA) to consider regulations that preempt local permitting processes and replace them with federal self-certification requirements for builders, all while expediting federal reviews under environmental and preservation laws and requiring accountability audits of prior federal grant usage.

This Presidential Action, issued under the authority vested in the President, aims to stop large Wall Street institutional investors from outcompeting American families for single-family homes, citing high inflation and interest rates as barriers to the American dream of homeownership.

The order directs several federal agencies, including the Departments of the Treasury, Housing and Urban Development, Agriculture, and Veterans Affairs, to issue guidance preventing the facilitated purchase or disposal of single-family homes to large institutional investors, promoting sales instead to owner-occupants.

Furthermore, it mandates reviews for anti-competitive effects in local markets and calls for legislative recommendations to codify this policy permanently.

This Presidential Action, issued under the authority granted by IEEPA and the NEA, declares a national emergency to safeguard "Foreign Government Deposit Funds" held by the U.S. Treasury on behalf of the Government of Venezuela from attachment or other judicial processes.

The President finds that allowing such process would materially harm U.S. national security and foreign policy by interfering with stability efforts in Venezuela and stemming threats like illegal immigration and narcotics flow.

The order directs the Secretary of the Treasury to hold these funds solely in a custodial capacity, under the direction of the Secretary of State, for public or diplomatic purposes, expressly overriding any previous executive orders affecting these specific funds.

This Presidential Action, issued by the authority vested in the President, aims to revitalize the defense industrial base by compelling major defense contractors to prioritize warfighter capability and readiness over investor returns.

The action immediately prohibits underperforming contractors from issuing stock buybacks or dividends until they meet required standards for timely and quality production.

It directs the Secretary of War to review and identify non-compliant contractors, mandate remediation plans, enforce stricter contract provisions regarding executive compensation and production metrics, and consult on trade advocacy consequences, while also prompting the SEC to review stock buyback regulations.