Trump boasts about ‘making America rich again’ before imposing 25% tariffs on steel and aluminum

'Making America rich again': Trump signs order imposing 25% tariffs on steel and aluminumSource: Reuters

Transcript

00:00It's a big deal. It's a big deal. This is the beginning of making America rich again.

00:06It's a big deal. It's a big deal. This is the beginning of making America rich again.

00:16We're doing a 25% tariff on steel and aluminum. So the failed American trade policies

00:24have led our once incredible United States steel and aluminum industries,

00:28once incredible, it's once incredible, not now, but they're not bad. I saved them because of my

00:34first term, totally saved them. If I didn't do what I did, I put massive tariffs, not the highest

00:40level, but pretty massive tariffs. We took in a lot of money and we took in a lot of jobs,

00:47but we were being pummeled by both friend and foe alike. Our nation requires steel and aluminum to

00:55be made in America, not in foreign lands. We need to create in order to protect our country's future

01:01resurgence of US manufacturing and production, the likes of which has not been seen for many decades.