[cba123]

Also mentioned:

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A third option called for Trump to impose global quotas based on 63% of each country’s 2017 steel exports and based on 87% of their aluminium exports to the United States. – Reuters

[cba123]

http://www.thesundaily.my/news/2018/02/18/us-commerce-dept-recommends-steep-curbs-steel-aluminium-imports

[ichabod1]

You mean like allow metal to be profitable here again? I call that winning.

[Sacajaweau]

China has been dumping steel forever. I can remember my uncle, who owned a machine shop, buying their steel 50 years ago

[Sacajaweau]

https://uk.reuters.com/article/uk-eu-china-trade-steel/exclusive-eu-set-to-impose-duties-on-chinese-taiwan-stainless-steel-idUKKBN0M21AJ20150306

[Sacajaweau]

http://www.telegraph.co.uk/business/2016/05/18/america-slaps-522pc-trade-duty-on-imports-of-subsidised-chinese/

[sphinx]

Jack up the price of raw steel and you kneecap every downstream industry that uses steel. GWB tried this early in his term. A friend who runs a metal stamping plant that makes parts for many U.S. manufacturers across a wide variety of product lines told me that with 43’s import duties his price for raw steel exceeded the price of finished parts imported from Mexico and elsewhere. Bush reconsidered when the U.S. automakers, heavy equipment manufacturers and machine tools industries started getting hammered. Trump will learn the same lesson.

[Sam Gamgee]

I’ve been waiting 20 years for a POTUS with the gumption to cause China some pain. WINNING.