Two days ahead of U.S. President Donald Trump’s promised reciprocal tariffs announcement on Wednesday, the Office of the U.S. Trade Representative (USTR) released its National Trade Estimate (NTE) annual report.

The NTE report highlights perceived trade barriers to the U.S. imposed by other countries, and its details could shed light on the tariffs expected ahead.

The barriers highlighted include direct applied tariff rates by trading partner countries and less tangible non-tariff barriers, which include broader safety, renewable energy and public procurement regulatory hurdles.

Trump's reciprocal tariffs are expected to match tariff rates by other countries for specific products and account for non-tariff trade barriers, though his tariff announcements so far have less surgical and broader in scale.

The NTE report includes delays by the EU to approve genetically modified crops, bans on agricultural imports containing certain pesticide residues, requirements for minimum post-consumer recycled content in plastic packaging as possible “unjustified barriers.”

The full report can be found here.

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