Former Obama Trade Adviser Explains What Steel and Aluminum Tariffs Could Mean for Consumers

International Trade attorney Francisco Sánchez was interviewed on The Takeout podcast on CBS News to discuss President Donald Trump's new tariffs on steel and aluminum imports. Mr. Sánchez, who served as the U.S. Under Secretary of Commerce for Trade in the Obama Administration, explained that these tariffs could result in higher costs for American consumers and highlighted the potential economic ripple effects across various sectors. He also emphasized the importance of considering both the immediate and long-term implications of these trade policies when evaluating their effects.

Duration: 6:11