Trade Update – April 7, 2026

Featured Headlines

	Canada Day Luncheon Attendees Tout Subnational Diplomacy Efforts CalChamber, April 7, 2026

	USTR Releases 2026 National Trade Estimate Report United States Trade Representative, March 31, 2026 USTR highlights China’s stranglehold on critical minerals in annual trade estimate report POLITICO, March 31, 2026

	MC14 concludes with adopted decisions, progress on key outstanding issues WTO, March 30, 2026 As the WTO flounders, the world’s middle powers go their own way POLITICO, March 30, 2026 WTO talks end with no deal to extend e-commerce tariff ban  Bloomberg, March 30, 2026 Members adopt a pathway to bring E‑Commerce Agreement into force via interim arrangements WTO, March 28, 2026

California

• California on edge: Oil shock looms as Middle East supply crunch hits the US
  The Economic Times, March 31, 2026

Trade Policy

The White House

• Trump imposes new tariffs on certain pharmaceutical drugs, revamps metal tariffs
  CNN April 2, 2026
• Fact Sheet: President Donald J. Trump Strengthens Tariffs on Steel, Aluminum, and Copper Imports
  April 2, 2026
• Fact Sheet: President Donald J. Trump Bolsters National Security and Strengthens U.S. Supply Chains by Imposing Tariffs on Patented Pharmaceutical Products
  April 2, 2026
• EU lawmakers approve trade deal with US but add safeguards
  The Associated Press, March 26, 2026

U.S. State Department

• The First U.S.-UAE AI Acceleration Partnership Interagency Working Group Meeting
  April 6, 2026

U.S. Trade Representative

• Successful Conclusion of the United States–United Kingdom Arrangement on Pharmaceutical Pricing
  April 2, 2026
• Press Release Regarding the WTO’s 14th Ministerial Conference
  March 30, 2026

Export-Import Bank

• EXIM Chairman Testifies Before House Financial Services Committee on Reauthorization
  March 18, 2026

U.S. Department of Treasury

• URIF Announces First Investment, Strengthening Ukraine’s Security and Unlocking New Emerging Technology for the United States and Allies
  March 26, 2026

U.S. Department of Agriculture

• Foreign Agricultural Service Awards $8.4M to Expand Export Market for U.S. Goods
  April 2, 2026
• Agreement Awarded to increase exports to Armenia
  April 2, 2026

Export-Import Bank

• Major Win for American Energy: EXIM Approves $2B+ to Send U.S. LNG to Egypt
  April 2, 2026

U.S. Trade and Development Agency 

• USTDA Advances U.S. AI Leadership Through Southeast Asia Pilot Project
  March 30, 2026

World Trade Organization

• Carney’s mega anti-Trump alliance starts quest to save world trade
  POLITICO, March 25, 2026

Trade Agreements/ Cooperation

• King Charles to visit US to address Congress, meet President Trump
  USA Today, April 1, 2026
• Africa, Latin America strengthen economic and trade relations at MC14 side event
  WTO, March 27, 2026

More International Articles

• EU Entry/Exit System Full Implementation Still April 9, with Flexibility
  ETIAS