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March 8, 2026

Trump Administration Offers Trade Agenda For 2026

U.S. Trade Representative Jamieson Greer has delivered President Donald Trump’s 2026 Trade Policy Agenda and 2025 Annual Report to Congress to members of the U.S. House and Senate. In a press statement, Ambassador Greer said the Trump administration “is doubling down on the America First Trade Policy in 2026 to capitalize on the wins from 2025 and keep momentum going for American workers, their families, and the U.S. economy.”

More specifically, working closely with Congress and U.S. workers, farmers, ranchers, producers, and service-providers, the report to Congress said the Trump administration will focus on six core areas:

  • Continue the Agreement on Reciprocal Trade (ART) Program, or trade agreements the United States entered into with other countries that were seeking to reduce the reciprocal tariffs President Trump imposed in 2025;
  • Pursue robust enforcement of ARTs, other trade agreements, and U.S. trade laws;
  • Secure supply chains for critical minerals and sectors;
  • Manage trade with China for reciprocity and balance;
  • Promote U.S. interests in international fora; and
  • Conduct a review of the United States-Mexico-Canada Agreement, or USMCA. (In a separate press release Ambassador Greer announced he and Mexican Secretary of Economy Marcelo Ebrard will meet on March 16 for the first round of bilateral discussions in preparation for the joint review of the USMCA);

Regarding USMCA renegotiation, the Trump administration offered arguments that indicate the president believes the trade agreement has not worked in the United States’ favor. For example, the report to Congress noted:

  • The United States continues to run large trade deficits with both Mexico and Canada and those deficits have also increased since the USMCA went into effect;
  • Mexico has adopted a series of preferential measures to benefit national champions in its energy and mining sectors, particularly concerning oil, gas, and electricity, to the detriment of U.S. investors;
  • Mexico has undermined its overall investment climate;
  • Mexico’s inadequate labor laws and lax protection of such laws continue to undermine U.S. workers;
  • Canada continues to maintain policies that violate its USMCA dairy market access commitments; and
  • Canada maintains discriminatory and restrictive digital measures.

Read the full report at this link.

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