One Steel Industry Executive On How Trump's Tariff Plan Would Hurt His Company06:36
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The word bad is written on the end of a machine grade bar of steel at the Pacific Machinery & Tool Steel Company on March 6, 2018 in Portland, Ore. President Trump announced he intends to impose tariffs on imported steel and aluminum, sparking fears of a trade war. (Natalie Behring/Getty Images)MoreCloseclosemore
The word bad is written on the end of a machine grade bar of steel at the Pacific Machinery & Tool Steel Company on March 6, 2018 in Portland, Ore. President Trump announced he intends to impose tariffs on imported steel and aluminum, sparking fears of a trade war. (Natalie Behring/Getty Images)

Many in the steel industry have been exuberant about President Trump's plans to impose a 25 percent tariff on steel imports. But for those steel manufacturers that rely on imported semi-finished steel slabs to make their final product, it's a different story.

Here & Now's Peter O'Dowd speaks with Brett Guge of California Steel Industries, who says tariffs would cost his company more than $150 million.

This segment aired on March 8, 2018.

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