Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: Exchange rates make international transactions possible. If a trading partner (let’s call them Country X) could keep its exchange rate abnormally low against the U.S. dollar, its exports to the U.S. would be more competitive and sales would […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: The steel tariffs were in the news recently with the announcement of a settlement of a lawsuit brought to challenge denials of exclusion requests. This is the third case, by my unofficial count, that has been settled in […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: This campaign, like all others, is about many issues. The economy, though, is clearly the most powerful message of the Trump campaign. Over the last century or so, where does the Trump economy rank? There are many different […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: This campaign, like all others, is about many issues. The economy, though, is clearly the most powerful message of the Trump campaign. Over the last century or so, where does the Trump economy rank? There are many different […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: The turmoil in this country continues. The election is now 30 days away. The president has COVID-19; the debates may not continue. And, our economy continues to suffer from the pandemic and the economic impact of disease and […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: Each week seems to bring new surprises, economically and politically. I was struck by the monthly trade report and question from readers—I thought I’d pull them together and try to respond. The August trade report was released last […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: Tariffs are coming at us from every direction, it seems like. Tariffs are taxes, as we hear a lot. Some taxes are predictable, but those on China, steel, aluminum, washing machines and solar panels tend to be vastly […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: The election may already have been decided, but we can’t know that until election night and perhaps not even then. While we wait for those results, I want to take the time to explore a reader’s question I’ve […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: We now know, or at least think we know, who will be president next Jan. 20. Congratulations to Joe Biden. Formalities and lawful procedures still must be maintained. Disputes over allegedly invalid ballots, late arriving ballots, etc. will […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: For international trade and politics, it’s hard to beat the past week. We saw numerous developments in the trade field—I’ll discuss a few of them: (1) an avalanche of lawsuits challenging the “Section 301” tariffs against $200 billion […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: New regulations published Sept. 11 in the Federal Register require steel importers to know and reveal the country where steel was “melted and poured” no matter how much the steel was processed thereafter. Steel importers have long been […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: I hope everyone had a restful and safe Labor Day weekend. Mine lasted a bit longer than it might. I’m back in the saddle, observing the international trade scene and also playing a small part in it. Things are, to put […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: I hope everyone had a restful and safe Labor Day weekend. Mine lasted a bit longer than it might. I’m back in the saddle, observing the international trade scene and also playing a small part in it. Things are, to put […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: A number of readers have asked for particulars on the recent actions on steel trade between the United States, Brazil and Mexico. The numbers are available in some detail now. I will try to explain these for the […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: Time was we looked with great interest at the deliberations of the party platform committees to see who was the most influential—young vs. old, moderates vs. conservatives vs. progressives, etc. In this year of the pandemic, the entire […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: The nation and the world saw a greater than normal number of presidential announcements in the past week. I debated Philip Bell, the president of the Steel Manufacturers Association, on issues related to Section 232 at the SMU […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: Section 232 is in the news again this week. First, President Trump issued a new proclamation reimposing 10 percent aluminum tariffs on certain aluminum imports from Canada. Second, there were reports in the media that the president will […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: Section 232 is in the news again this week. First, President Trump issued a new proclamation reimposing 10 percent aluminum tariffs on certain aluminum imports from Canada. Second, there were reports in the media that the president will […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: During the last few weeks, I have focused on issues surrounding the Section 232 tariffs on steel and aluminum. In this column, I come back to antidumping and countervailing duty laws, which affect international trade in steel products […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: During the last few weeks, I have focused on issues surrounding the Section 232 tariffs on steel and aluminum. In this column, I come back to antidumping and countervailing duty laws, which affect international trade in steel products […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: On an earnings call last week, Aditya Mittal, president and CFO of ArcelorMittal, the single largest steel producer in the world, stated that “Section 232 has been successful because it has spurred a lot of investment in the […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: Readers have asked frequently about the staying power of Section 232 tariffs and quotas on steel and aluminum. There are many ways to look at the question—from the effectiveness of the remedy to change behavior of China and […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: Readers have asked frequently about the staying power of Section 232 tariffs and quotas on steel and aluminum. There are many ways to look at the question—from the effectiveness of the remedy to change behavior of China and […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: China tariffs first took effect on July 6, 2018. In the two years since then, tariffs were imposed on nearly all U.S. imports from China. Recent developments suggest that changes may be coming—some which may mean fewer tariffs […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: The Trump administration’s trade policies make for interesting reading; but the results of those policies are, if anything, more interesting. Tariffs are the hallmark of the Trump presidency, especially the Section 301 tariffs on China and the Section […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: You may have seen news stories in the last two weeks about U.S. threats to impose tariffs on aluminum imports from Canada and Mexico because of “surging” levels of imports from those countries. Don’t believe everything you read: […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: The World Trade Organization has had a rough couple of years. The United States arranged the destruction of the WTO Appellate Body because the U.S. alleges that the final tribunal of the WTO dispute settlement system has overstepped […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: The World Trade Organization has had a rough couple of years. The United States arranged the destruction of the WTO Appellate Body because the U.S. alleges that the final tribunal of the WTO dispute settlement system has overstepped […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: On Monday, the Supreme Court announced its decision not to take the case of American Institute for International Steel (AIIS) v. United States, a case challenging the constitutionality of Section 232 of the Trade Expansion Act of 1962, […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: On Monday, the Supreme Court announced its decision not to take the case of American Institute for International Steel (AIIS) v. United States, a case challenging the constitutionality of Section 232 of the Trade Expansion Act of 1962, […]