Trump’s second-term trade strategy centers on Agreements on Reciprocal Trade (ARTs) that pair capped U.S. tariffs with foreign commitments to slash barriers on American exports, strengthen supply-chain rules, and address forced labor. Multiple ARTs have already been signed in 2025–2026 with partners including Jordan (July 2026), Indonesia, Ecuador, Taiwan, Malaysia, Cambodia, and several Central American nations, alongside frameworks or deals involving the EU, UK, Japan, South Korea, and China. Negotiations remain active with Mexico and Thailand as of mid-September 2026, while the USMCA joint review continues without renewal of the current pact. The administration’s tariff leverage and emphasis on agricultural access, critical minerals, and economic security alignment continue to shape the pace and scope of additional bilateral agreements before the 2027 cutoff.