President Donald Trump unveiled his 2026 Trade Policy Agenda on Monday. The United States Trade Representative Jamieson Greer presented it to Congress. This document outlines priorities for US trade with China. It pushes for managed bilateral ties based on reciprocity and balance. The agenda responds to ongoing economic tensions between the two largest economies.

US Trade Representative Jamieson Greer highlighted key shifts in the US-China relationship. The plan lists six main priorities. It expands the Agreement on Reciprocal Trade program. It boosts enforcement of trade deals and US laws. It secures supply chains in minerals, semiconductors, and pharmaceuticals. It reviews the US-Mexico-Canada Agreement. It advances US interests in global forums.

“The United States expects ongoing trade with China and will continue to engage to ensure that trade is based on reciprocity and balance,” the document states. Leaders aim to manage trade through political negotiations. This approach seeks fairness, balance, and predictability. The October 2025 deal between Trump and Xi in Busan marks the first step. The US will monitor China’s compliance closely.

The agenda reports progress in 2025. The US goods trade deficit with China dropped 32 percent year-over-year. China no longer holds the largest US trade deficit since 2000. The US diversified import sources and cut reliance on China. Tariffs rose and fell in escalations, reaching 125 percent before dropping to 10 percent. Supply chains adjusted amid these changes.

Experts predict more meetings between Presidents Trump and Xi in 2026. Negotiations focus on narrow technical issues. Risks of targeted duties, export controls, and sanctions persist in sensitive sectors. Both nations prioritize self-reliance. Bilateral trade may shrink further as decoupling advances. US farmers receive subsidies for trade disruptions. This policy shapes future economic relations and global supply dynamics.