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Trade arena adapts to Trump terms, policy

The Trump administration now wields fresh political and legal vocabulary on trade, upending established practice in Washington that has held true for decades.

TAMPA, Fla. —Trade attorneys see a brave new world for trade law, policy and practice in the coming years, lawyers and steel industry veterans said at a recent industry panel.

The Trump administration now wields fresh political and legal vocabulary on trade, upending established practice in Washington that has held true for decades, attorneys said during a Jan. 31 industry panel at the Tampa Steel Conference.

Standard slogans used to cite “free and fair trade," but President Trump and his team tout “smart and sensible trade," said Alan Price, an attorney for Washington-based Wiley Rein LLP, who has counseled steelmakers for decades.

Relevant new vocabulary includes: “America first," “Buy American, hire American," “border tax" and “smart trade and sensible trade,” Price said.

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