Synopsis

Lesley Stahl investigates the recently implemented "Buy American" provision attached to public works projects financed by stimulus funds. Dan DiMicco, chief executive of the country's largest steel producer, views the clause favorably. However, the head of Caterpillar cautions that such measures might provoke retaliatory actions from other nations, potentially leading to competing protectionist policies – like "Buy Europe" or "Buy China" initiatives – which could ultimately be detrimental to the