Stimson in the News

William Reinsch quoted in Reuters on tariffs

in Program

G20 leaders will discuss steel overcapacity at this week’s summit in Germany, European officials said, as tensions rise over U.S. President Donald Trump’s plan to use a Cold War-era law to restrict steel imports for national security reasons.

-snip-

William Reinsch, a fellow at the Stimson Center said if the threat of tariffs are used to pressure members of the G20’s forum on steel overcapacity – set up last year – to tackle the problem, a good outcome could yet prevail.

He warned however, that a broad U.S. claim to national security would put global trade on a slippery slope.

“It just opens the door to everyone else to do same thing, not just on steel,” Reinsch said.

Read the full article here.

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