Reciprocal Trade Agreement

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United States and Jordan Sign Reciprocal Trade Agreement

On July 21, 2026, the United States and Jordan signed a reciprocal trade agreement under which Jordan will receive a preferential 10% U.S. tariff rate, rather than the higher 12.5% rate that may apply to certain countries under the forthcoming forced labor tariff regime. Under the agreement…

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On February 12, 2026, the United States and Taiwan signed an Agreement on Reciprocal Trade (“ART”) formalizing the Memorandum of Understanding (“MOU”) signed on January 15, 2026.

As part of the deal, the IEEPA reciprocal tariff rate for Taiwan will be reduced from 20 percent to 15 percent inclusive of the most favored nation rate…