Leibowitz: The Steel Mess—Decarbonization, Overcapacity, and Stalemate

Every day that goes by, the international situation seems to deteriorate. The Ukraine War continues unabated. Ukraine can’t get the weapons it needs. Global trade is slowing down, hurting most countries but making money for a few industries that enjoy trade protection.

Symptomatic of these dislocations, steel trade continues to cause dissension among our friends, perhaps more so than our adversaries. Later this month at the SMU Steel Summit, I will appear with three colleagues to discuss the trade effects of conflicting steel decarbonization policies around the world. The conflict between the US and the European Union is the most talked about. But other long-time friends and allies are also caught up in it—Japan, Brazil, India, and others.

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.