22/02/2026
🇺🇸 Latest U.S.–India Tariff Situation (2026)
🔹 Average Effective U.S. Tariff
• After recent legal rulings (U.S. Supreme Court striking down parts of the earlier tariff regime), the average effective tariff on Indian exports to the U.S. is estimated at ~13.4% currently. 
🔹 Bilateral Trade Agreement Update
• A new trade deal between the U.S. and India (announced Feb 2, 2026) reduced punitive tariffs that had built up in 2025:
• Reciprocal tariff lowered from 25% to 18%
• Additional punitive tariff (25%) removed
• Result: Most Indian products now face around 18% tariff under the trade deal, although this may vary by product and is subject to final enforcement and legal review. 
🔹 Recent News on U.S. Tariffs
• Some reports indicate the U.S. may push tariffs up again (e.g., to 15% globally on all imports) under legal provisions, which could affect Indian products indirectly or through broader duties. 
• Other coverage suggests U.S. policy communicated that tariffs on Indian goods would “remain intact around 18%.”
