The U.S. finalized a trade agreement with Indonesia, removing tariffs on over 99% of U.S. exports while maintaining a 19% reciprocal tariff. The deal addresses non-tariff barriers, strengthens digital trade and intellectual property protections, and includes $33 billion in commercial agreements across energy, aerospace, agriculture, and critical minerals.
The United States and North Macedonia finalized a trade agreement to strengthen economic ties. North Macedonia will remove tariffs on all U.S. industrial and agricultural goods. The U.S. will maintain a 15% tariff on most North Macedonian products, with select items at 0%. The deal also addresses non-tariff barriers, digital trade, and energy security.
The U.S. and Bangladesh finalized a Reciprocal Trade Agreement to expand bilateral trade. Bangladesh lowers duties on U.S. goods, while the U.S. applies a 19% reciprocal tariff, with selected products eligible for zero tariffs. The deal addresses non-tariff barriers, labor, environment, digital trade, and includes $3.5B in agriculture and $15B in energy deals.
The U.S. will apply an 18% reciprocal tariff on select Indian goods, while India reduces or eliminates duties on U.S. industrial and agricultural products. On February. 9, 2026, a Fact Sheet confirmed the removal of the additional 25% tariff on Indian imports tied to Russian oil, with CBP guidance issued for correcting entries.
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.
CBP has released the 2026 Periodic Monthly Statement (PMS) dates for ACE-approved filers. PMS allows importers to pay prior-month duties, taxes, and fees in a single statement. Both 11th and 15th workday payment options are provided each month, helping importers plan cash flow and ensure timely compliance with CBP requirements.
The U.S. extends duty-free access for Israeli agricultural products through December 31, 2026. Updated HTSUS Chapter 99 quotas and technical corrections ensure continued compliance under the U.S.–Israel Free Trade Area while permanent revisions to the 2004 agricultural agreement are implemented.
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