Lazard CEO and Chairman Peter Orszag Authors Tariffs and Trade War Expansion Opinion in The Washington Post
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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.
Read the full opinion here. View Peter’s archive and latest pieces in The Washington Post here.About Lazard
Founded in 1848, Lazard is the preeminent financial advisory, private capital advisory, and asset management firm, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters. Lazard also advises private markets sponsors and investors on primary fundraising, secondary transactions, and GP capital solutions, and provides asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. Lazard is listed on the New York Stock Exchange as Lazard, Inc. under the ticker LAZ. For more information, please visit Lazard.com and follow Lazard on LinkedIn.
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