Trump's tariff enforcement and reciprocal trade framework have driven recent agreements by linking lower U.S. duties or preferential access to commitments on market opening, investment, and supply chain security. In 2026 the administration finalized or advanced Agreements on Reciprocal Trade with Jordan, Ecuador, Taiwan, South Korea, Thailand, Cambodia, Uzbekistan, and North Macedonia, plus critical minerals arrangements involving the EU, Japan, and Mexico, while a U.S.-EU framework took effect in July. Bilateral talks with Canada and Mexico continue after the USMCA review period began without renewal, and a tariff truce with China remains under negotiation. Upcoming catalysts include the G20 Trade Ministerial in September–October 2026 and the Leaders’ Summit in December, which could accelerate or stall additional pacts before the 2027 cutoff.