“The year 2025 will be remembered as the year of the tariff,” wrote Ambassador Jamieson Greer, the United States trade representative, in a Financial Times op-ed at the end of last year. In its first year back in office, the Trump administration wielded tariffs to strike new trade deals at negotiating tables around the world. Representatives from the White House made stops in Geneva, Madrid, London, Kuala Lumpur, and Busan—and that was just for talks with the People’s Republic of China. The US