Video: Trump's Steel Tariffs Will Hurt Americans
The administration says tariffs will preserve American industries. John Stossel says that won't work.
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.