Government/Policy
September 10, 2023
Leibowitz: Banning Inputs and Components—Effective Policy or Not?
Written by Lewis Leibowitz
As the global trading system, which used to be “rules-based,” continues its slide toward the absence (defiance? disregard?) of rules, governments around the world are trying new things.
These steps include imposition of tariffs or quotas (as President Trump initiated in 2018), imposing tariffs or embargoes on imports that are allegedly inconsistent with domestic law, and sanctions in response to the Russian invasion of Ukraine.

