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In December 2022, 10 months into Russia's ongoing, full-scale invasion of Ukraine, U.S. officials directed banks and other financial institutions to begin screening global energy-related transactions for signs of violations of the Western-imposed price cap on Russian oil. Now those same institutions face the prospect of being deputized to handle another unfamiliar task: screening clients and their transactions for attempts to evade the Trump administration's ever-shifting tariffs on thousands of imports from China and other U.S. adversaries, but also from allies such as Japan, South Korea, the U.K. and EU, and even neighboring Mexico and Canada. Michael Cass-Antony, a senior...