Video Clip: President Trump Signs Steel and Aluminum Tariffs


President Trump announced a 25% tariff on foreign steel and a 10% tariff on foreign aluminum. This proclamation exempted Mexico and Canada and left open the possibility of exempting other countries.

4 minutes


  • Free Trade
  • Import
  • Protectionism
  • Steel
  • Tariff
  • World Trade Organization

Additional Resources

  • Bell Ringer: Comparative Advantage

    Paul Craig Roberts, Economist and Senior Research Fellow at Stanford University

  • Bell Ringer: What are Tariffs and How do They Work

    Chad Bown, Senior Fellow at the Peterson Institution for International Economics, explained how tariffs work and some of their advantages and disadvantages. Using the example of President Trump's proposal for tariffs on steel and aluminum, he discussed the reason for and potential impacts of tariffs.