Case Insight: Vietnam Oil and Gas Group v Joint Stock Company (Power Machines – ZTL, LMZ, Electrosila Energomachexport) and another appeal [2025] SGCA 50
15 January 2026
Clyde & Co's Tariff Tracker: February edition
-
Insight Article 13 February 2026 13 February 2026
-
Global
-
Geopolitical outlook
-
Trade & Commodities
Clyde & Co’s Tariff Tracker provides an overview of all trade restrictions imposed or announced by the US and against the US.
Following the Supreme Court’s decision and the shifting regulatory landscape, Clyde & Co has paused updates to the Tariff Tracker. However, Clyde & Co continues to monitor the developments closely, and if you have any questions about how these changes may affect your business or supply chain, your usual Clyde & Co contact/s would be pleased to assist.
The February updates on the tariff tracker including updates in US tariffs, retaliatory tariffs and any after-effects, are set out below.
6 FEBRUARY 2026
US tariffs
- On 2 February 2026, the US announced that tariffs on Indian imports into the US would be reduced from 25 percent to 18 percent, following the countries agreeing a framework for an interim trade agreement, whereby India also agreed to stop purchasing Russian oil.
- As part of the deal, the US has also withdrawn the additional 25 percent duty it imposed on certain Indian products, such as pharmaceuticals and electronics.
When will the tariffs come into effect?
- The reduced tariff of 18 percent on Indian imports into the US took effect on 2 February 2026.
End
