On February 6, 2026, Trump signed a proclamation to expand U.S.' beef tariff-rate quota by 80,000 metric tons, allocating all additional lean beef trimmings to Argentina. This move addresses domestic shortages caused by drought, wildfires, disease restrictions, and declining cattle herds, ensuring sufficient ground beef supply at in-quota duty rates.
On February 6, 2026, Trump signed a proclamation to expand U.S.' beef tariff-rate quota by 80,000 metric tons, allocating all additional lean beef trimmings to Argentina. This move addresses domestic shortages caused by drought, wildfires, disease restrictions, and declining cattle herds, ensuring sufficient ground beef supply at in-quota duty rates.
The U.S. lifted the 25% tariff on Indian imports on February 7, 2026, which was initially imposed on August 27, 2025, due to India’s continued Russian oil imports. The removal follows India’s commitments to halt Russian oil imports, boost U.S. energy purchases, and expand defense cooperation, signaling a shift in trade policy.
The U.S. reauthorized AGOA and Haiti HOPE/HELP programs through December 2026, restoring duty-free and quota benefits. Retroactive refunds are available for ad valorem duties paid during the temporary lapse. Effective February, importers can resume preferential filings. Refund and protest deadlines are August 2, 2026.
The U.S. and Argentina agreed on a framework to expand trade, investment, and economic partnership, covering tariffs, standards, IP, agriculture, labor, environment, and digital trade. Additional tariffs on Argentine goods are capped at 10% above MFN rates. The U.S–Argentina Agreement on Reciprocal Trade and Investment (ARTI) was formally signed on Feb 5, 2026.
On October 17, 2025, President Trump imposed Section 232 tariffs on medium- and heavy-duty trucks, certain truck parts, and buses to support U.S. industry and supply chains. Tariffs took effect November 1, 2025, with CBP providing filing guidance. On February 2, 2026, USMCA procedures allowed tariffs to apply only to non-U.S. content.
Following Prime Minister Carney’s visit to Beijing, Canada agreed to expanded trade and investment measures with China. Key highlights include lower tariffs on canola and seafood, Chinese EV imports at 6.1% tariff, and joint investment in clean energy, technology, manufacturing, and agri-food, supporting exports, jobs, and stronger economic ties. A backgrounder has been made available.
NOAA clarified seafood import restrictions under the Marine Mammal Protection Act, effective Jan. 1, 2026. Importers must ensure covered fish and fish products have a signed COA, complete required data, and file electronically through CBP’s ACE system.
Effective January 30, 2026, the United States established a tariff process targeting countries that directly or indirectly supply oil to Cuba. The measure follows an emergency declaration and authorizes U.S. agencies to identify suppliers, set tariff rates, issue guidance, and adjust actions based on foreign policy and national security considerations.
The EU will implement new phytosanitary rules for oak and chestnut wood from regions affected by the two-lined chestnut borer, including Canada and the U.S., starting March–April 2026. The measures specify clear and processing and origin requirements for solid wood and wood chips to meet EU market entry standards.
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