Trump’s use of reciprocal tariffs and Section 232 authorities has driven bilateral negotiations for Agreements on Reciprocal Trade, yielding signed or framework deals with Indonesia (tariff reductions and critical minerals cooperation formalized in 2026), Ecuador, Jordan, Uzbekistan, the EU (framework in force July 2026), South Korea (15% tariff cap and investment commitments), and others focused on agriculture access and supply-chain security. Ongoing talks with Mexico target relief on autos, steel, and aluminum ahead of November 2026 midterms, while Canada negotiations show limited progress amid tariff disputes. The U.S.-China Busan truce extension to January 2027 and associated $30 billion tariff-reduction framework via the new Board of Trade represent managed de-escalation rather than a comprehensive new pact. USMCA review preparations and critical-minerals pacts with Japan further shape timelines before 2027.