Exactly. The price of those cheap imports don't include the costs to government to support the unemployed workers and the opportunity costs of lost wages, or even the taxes that would have been paid by a domestic producer. But those are all costs that the taxpayer ends up having to pay.
I've heard Trump tie it all together once of twice, but he needs so get it down cold and turn it into his overall policy to Make America Great Again. Maybe he will as he issues more written policy statements.