Government/Policy
Leibowitz on Trade: Trump Announces New China Tariffs
Written by Sandy Williams
August 1, 2019
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington:
In a tweet today, President Trump announced new tariffs on essentially all the $300 billion in imports from China not already covered by the Section 301 tariffs. The tariff of 10 percent will take effect Sept. 1.
I am looking into several issues concerning the new tariffs and will add detail as it becomes available.
Correction
Editor’s note: In Lewis Leibowitz’s commentary on Tuesday, it was incorrectly reported that U.S. Steel had announced a reopening of the Homestead Works. In fact, U.S. Steel announced a billion dollar renovation of the Edgar Thomson plant at the Mon Valley Works. SMU regrets the error.
Lewis Leibowitz
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Sandy Williams
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