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Former Obama trade adviser explains what steel and aluminum tariffs could mean for consumers (Video)

President Trump's tariff hike on steel and aluminum imports took effect on Wednesday. Francisco Sanchez, who served as the under secretary of commerce for international trade in the Obama administration, joins "The Takeout" to unpack the possible downstream consumer effects.

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Former Obama trade adviser explains what steel and aluminum tariffs could mean for consumers (Video)

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Former Obama trade adviser explains what steel and aluminum tariffs could mean for consumers (Video)

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Summary
Former Obama trade adviser explains what steel and aluminum tariffs could mean for consumers (Video)
Title
Former Obama trade adviser explains what steel and aluminum tariffs could mean for consumers (Video)
Description

President Trump's tariff hike on steel and aluminum imports took effect on Wednesday. Francisco Sanchez, who served as the under secretary of commerce for international trade in the Obama administration, joins "The Takeout" to unpack the possible downstream consumer effects. CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News 24/7: https://cbsnews.com/live/ Download the CBS News app: https://cbsnews.com/mobile/ Follow CBS News on Instagram: https://instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on X: https://x.com/cbsnews Subscribe to our newsletters: https://cbsnews.com/newsletters/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h For video licensing inquiries, contact: licensing@veritone.com