Government/Policy
May 12, 2019
Leibowitz on Trade: Tariff Update—A Long War?
Written by Lewis Leibowitz
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington:
Friday marks a turning point in the “trade war” between China and the United States. A widely expected breakthrough in negotiations was supposed to happen this past week, when the Chinese Vice Premier brought a trade delegation over to Washington. Instead, after two days of talks, in the wake of President Trump’s decision to impose 25 percent tariffs on “List Three” items imported from China and his pronouncement that China had attempted to “renegotiate” the deal, no agreement was reached. It seems we are as far from resolution as ever.

