Leibowitz on Trade: Shock After Shock Is the New Normal

For the first four months of this year, the US and global economies have endured one shock after another. It’s hard to know what to expect whether you are running a business, regulating an industry, or feeding a family.

This past week, the government announced that the US economy shrank in the first quarter at an annual rate of 1.4 percent, the first slide in GDP since 2009. The Dow Jones Industrial average declined last week by 2.4 percent, including a 939-point drop (2.7 percent) on Friday alone.

Lewis Leibowitz

Lewis Leibowitz, owner of the Law Office of Lewis E. Leibowitz, practices in the areas of international trade law, customs law, and international commercial transactions. He represents clients before all federal courts and agencies dealing with international trade matters. Mr. Leibowitz advises and assists clients in diverse matters including trade remedies, customs, foreign-trade zones and free trade agreements, trade negotiations, and related matters. He can be reached at lewis.leibowitz@lellawoffice.com.