Economy

Video: Trump's Steel Tariffs Will Hurt Americans

The administration says tariffs will preserve American industries. John Stossel says that won't work.

Publius · Mar. 7, 2018

The Trump administration says a steel tariff will be announced in the next two weeks to preserve American industries. John Stossel says that won’t work.

Trump is also using the 25% tax as leverage to get Canada and Mexico to renegotiate the North American Free Trade Agreement (NAFTA). He calls the current deal “such a disaster.”

But Stossel says NAFTA has been good!

Yes, trade hurts some Americans. But it helps many more of us.

Thanks to Reason.

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