Government/Policy

June 14, 2025
Leibowitz: Tariffs are the trade version of going nuclear
Written by Lewis Leibowitz
Trade is usually tied up with international relations (and international conflicts). The attack on Iran beginning last Friday, the ICE raids, the protests, the new tariffs, negotiations with China on trade in rare earth minerals. They all deal in one way or another with international commerce, whether in goods, services, technology, or people.
I don’t know where all this disruption will lead. But major things are happening now. The old world order is disappearing and is not likely to come back.

