President Trump’s second-term trade strategy, launched with broad reciprocal tariffs in April 2025, has driven a series of bilateral agreements that adjust tariff baselines, expand market access for U.S. exporters, and secure investment commitments. Completed deals include the U.S.-UK Economic Prosperity Deal, frameworks with Japan, Indonesia, South Korea, Australia, and several Southeast Asian and Latin American nations. Ongoing talks focus on the European Union, Canada, Mexico, and China, with the USMCA review scheduled for later in 2026 serving as a key deadline. These negotiations, alongside scheduled summits and potential tariff adjustments, shape trader assessments of which additional countries may finalize new agreements before the 2027 horizon.