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    Government/Policy

    August 17, 2025

    Leibowitz on Trade: The New World Orders

    Written by Lewis Leibowitz

    The question of the new order of the world was on many minds last week at the SMU Community Chat, when I was interviewed by David Schollaert of Steel Market Update. Questions ranged from the impact of tariffs to the world situation and its impact on steel, aluminum and copper demand. The basic answer is that nobody knows in detail what the effects of all the economic and geopolitical developments will be.

    US President Trump and Russian President Putin met on Friday in Anchorage, Alaska, and nothing much changed in the Ukraine war. The killing and destruction will continue, at least for a while. President Trump seems to be willing to accept more killing until a lasting peace agreement can be worked out. That is what Putin wants. President Zelensky (Ukraine) is traveling to Washington on Monday to meet with President Trump. Will it be another disastrous meeting like the one last February?  Who knows?

    Lewis Leibowitz, SMU Contributor

    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.

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