Description
Bloomberg Senate Reporter Steven Dennis and National Journal Politics Editor Josh Kraushaar discussed the politics behind President Trump's plan to raise tariffs on imports of aluminum and steel. They talked about Congressional reactions and potential actions that Congress could take.
4 minutes
Keywords
- Export
- Free Trade
- Import
- Protectionism
- Steel
- Tariff
- Unions
Additional Resource
- Video Clip: Trump Proposes New Tariffs on Steel and Aluminum
President Trump met in the White House Cabinet Room with leaders of the steel and aluminum industries. He said he intended to introduce new tariffs on imports of steel and aluminum into the United States in order to help U.S. companies competing in those markets. He said steel imports would have a 25% tariff imposed, and aluminum imports would see a new 10% tariff.