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    Analysis

    Ethan Bernard, SMU Team

    July 24, 2025

    Final Thoughts

    Written by Ethan Bernard

    Forget the space race. The race now is to keep abreast of the latest tariff developments. And act accordingly. Whether you use AI, your trade attorney, or a whiteboard crisscrossed with red yarn from the detective’s office, things haven’t been exactly clear since President Trump’s “Liberation Day” in April.

    When the UK deal was announced back in May, there was a hope that it represented a corner being turned. Perhaps that deal would serve as a template. (It’s still not exactly clear what is happening with Section 232 tariffs and the UK). Maybe there would even be some exceptions. And then just rinse and repeat around the globe.

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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