The race is on.
https://nationalinterest.org/feature/how-trumps-tariffs-are-reshaping-global-trade
"The unveiling of sweeping tariffs has fundamentally shifted the nature of global trade diplomacy. Rather than resolving disputes through established norms and multilateral institutions, the United States is reframing trade as a dynamic game of leverage and individual negotiations. In such an environment, economic diplomacy becomes less about adhering to agreed-upon frameworks and more about individual nations’ capacities to manage risk, signal resolve, and exploit informational asymmetries."