Tariff Updates February 2026

There have been many changes to import tariffs since we last reported on this in October.

Here are some of the recent highlights:

• INDIA Effective February 7 the additional 25% “Russian Oil” Tariff has been removed. The 25% “reciprocal” tariff will be reduced to 18% (effective date for that TBD)
• SWITZERLAND A framework for a trade deal was announced on November 15, 2025 to reduce the 39% “reciprocal” tariff rate to 15%, the same as that of the EU.
• ARGENTINA A trade deal was announced on February 15 that will reduce or eliminate reciprocal tariffs on certain goods and reduce the rate for other goods to 10% (effective date TBD)
• BANGLADESH A trade deal was announced on Feb. 9 that will remove reciprocal tariffs from some goods and reduce rates on other goods from 20% to “no higher than 19%”.
• CANADA Goods eligible for USMCA are still duty free. Rates for other goods range from 10% to 35%. Various other additional tariffs have been threatened this year, ranging from 50% to 100%, but have not been implemented.
• TAIWAN A trade deal was announced on Feb. 12 that will reduce tariff rates from 20% to 0 for certain goods and 15% for other goods.

As always, American Cargoservice is committed to providing valuable updates to our customers. We will continue to monitor the situation, and send out updates as they become available.

Questions about how these changes affect your shipments? Contact ACS at info@acssan.com or (858) 565-4125.