[RFT1]

Like what the Reagan admin did 18 years ago with the Plaza accord, the drop in the dollar pushed by the Bush admin is a de facto tariff. Since the Dollar has dropped 30% in value against other currencies since the tariff was put in place, the need for steel tariffs no longer exist.

[ninenot]

Not exactly.

The drop in the value of the USD is EXACTLY matched by the drop in the value of the Chinese Yuan--which is fixed to the dollar, artificially.

Were it honestly priced, the yuan would be about 40-50% higher than currently valued.