The Biggest Fan of Trump's Steel Tariffs Now Says They Don't Work

The transcript discusses the impact of tariffs imposed by President Trump on the steel industry. Initially supported to prevent steel dumping, the tariffs ended up hurting the industry due to the lack of domestic production capabilities for certain steel slabs. Despite attempts to file for tariff exclusions, the company faced significant financial burdens, leading to halted investments and legal actions against the Commerce Department. The situation highlights the complexities of trade policies and their unintended consequences on industries.

What was the speaker's reaction to the denial of their exclusion request from tariffs?

In what ways did the tariffs affect the speaker's business plans?

What does the speaker believe about the future of their business in light of the current challenges?