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Goldman Sachs: Steel tariffs a likely prelude to NAFTA exit

By Sean Higgins
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Goldman Sachs: Steel tariffs a likely prelude to NAFTA exit

Investment firm Goldman Sachs said Friday that President Trump’s decision to impose tariffs on steel and aluminum imports likely signals that the administration will eventually pull the U.S. out of the North American Free Trade Agreement.

Trump announced tariffs of 25 percent on steel imports and 10 percent on aluminum imports on Thursday, and justified them as a way to protect U.S. national security.

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Canada Donald Trump Goldman Sachs Mexico Sean Higgins Steel Steelworkers Trade