In his second term, U.S. President Donald Trump has flipped the script on trade policy, slapping tariffs on allies and adversaries alike to punish perceived unfairness and to extract an array of concessions. He declared that the guiding logic of this new approach is reciprocity. On social media, he explained that “whatever Countries charge the United States of America, we will charge them—No more, no less!” U.S. Trade Representative Jamieson Greer has called the United States’ new bilateral deals “agreements for reciprocal trade,” or ARTs, a reference to his boss’s most famous book on negotiation. But the Trump administration’s approach is not reciprocity at all. It is coercive unilateralism dressed up as reciprocity. The United States has pursued reciprocal trade for the past 90 years, but what Trump is doing breaks from this tradition. Under the threat of tariffs and, in some cases, territorial expansion, the administration has pressured U.S. trading partners to accept unbalanced trade concessions.…