U.S. Hits Back Against Foreign Lawfare (From InsideSources DC Journal)

Foreign governments have unleashed lawfare against American companies, and they are about to pay the price for it. While this onerous practice is on the verge of spreading from Europe to China, South Korea, Brazil and elsewhere, President Trump’s February 21 executive order puts dire consequences in place if the offenders persist.

At its core, corporate lawfare is a sophisticated, educated-sounding way for nations to confiscate U.S. companies’ assets. It involves writing complex laws that devise numerous ways to leverage the companies for billions of dollars in annual fines even though the U.S. companies’ services are popular. Paul Steidler discusses this in an Op-Ed in InsideSources DC Journal here.