U.S. doubles steel/aluminum tariffs to 50% – Economic boon or backfire?

CGTN June 5, 2025
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For more: https://www.cgtn.com/video The U.S. has doubled tariffs on steel and aluminum imports from 25 percent to 50 percent, a move that has ramped up pressure on global steel producers and drawn condemnation from around the world. In Canada, the top exporter of steel and aluminum to the U.S., the prime minister's office called the move "unjustified and unlawful." How are nations around the world responding to the hike? How will this impact U.S. steel production and U.S. consumers? And just where is Trump's trade war heading? Guests in this episode of Dialogue are John Gong from the University of International Business & Economics; Joav Toker from the American Graduate School in Paris; Radhika Desai, director of Geopolitical Economy Research Group; and Josef Gregory Mahoney, professor of Politics at East China Normal University. Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv

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