Lazard CEO and Chairman Peter Orszag Authors Tariffs and Trade War Expansion Opinion in The Washington Post

On February 13, The Washington Post published an oped authored by Lazard CEO and Chairman Peter Orszag, "How the trade war could expand beyond tariffs," warning that as the United States imposes substantially higher tariffs on its trading partners, conflict could expand with countries potentially seeking to bypass U.S. influence over global financial infrastructure.

The imposition of higher U.S. tariffs has led to retaliatory measures from China, including tariffs on American goods and the revival of antitrust investigations into major U.S. tech companies. Peter argues that regulatory retaliation is just one new front among many, and countries may seek to circumvent U.S. influence on global financial systems like SWIFT or reduce their holdings of U.S. debt. As the trade war evolves, he underscores the need to anticipate and understand these new fronts of economic conflict.

Click here to read the full opinion. To view Peter’s archive and latest pieces in The Washington Post, click here.