📋 Recent Tariff Changes

AI-generated summaries of the latest US tariff policy developments, with full source attribution.

Global Trade Digest: Morocco Restores Soft Wheat Import Duty
Latest
Generated: June 03, 2026 07:40 UTC · Window: Jun 01 – Jun 03, 2026 · 30 source(s)
  • Morocco: Temporarily restored import duties on soft wheat to protect local harvest. This action will increase import costs for soft wheat entering Morocco. (Effective June 2, 2026, or soon after)

Key Takeaway

Importers and trade professionals should be aware of Morocco's reintroduction of import duties on soft wheat, which will directly impact the cost of agricultural imports into that country. No new U.S. tariff rate changes, duties, or significant trade policy actions affecting U.S. import costs were identified in the provided summaries.
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Global Tariff Updates: India Adjusts Duties on Cotton, Precious Metals, and Establishes New Trade Pact
Generated: June 02, 2026 06:05 UTC · Window: May 31 – Jun 02, 2026 · 30 source(s)

Recent Tariff & Trade Policy Changes

  • India – Cotton Import Duty Waived: India has announced the waiver of its import duty on cotton, effective immediately. This policy change aims to support the domestic textile industry and help meet strong export demand.
  • India – Increased Import Duties on Precious Metals: India has raised import duties on gold, silver, and platinum. This measure is intended to protect the Indian economy amidst prevailing global uncertainties.
  • India-Oman – Duty-Free Market for Agri Exports: A Comprehensive Economic Partnership Agreement (CEPA) between India and Oman is set to be implemented, establishing a duty-free market primarily for Indian agricultural exports to Oman.

Key Takeaway

The most significant recent trade policy adjustments impacting import costs are concentrated in India, which has both reduced duties on cotton and increased them on precious metals, while also forging a new duty-free trade agreement with Oman for agricultural products.

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India Removes Cotton Import Duty Until October 30
Generated: May 31, 2026 03:49 UTC · Window: May 29 – May 31, 2026 · 30 source(s)
  • India: Import duty on cotton has been removed until October 30, 2026. This measure is intended to support the domestic textile industry.

Key Takeaway

Importers of cotton into India will benefit from a temporary removal of import duties, effective immediately until October 30, 2026. This action aims to bolster India's textile sector.

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