Trump was 100% correct on that the US is better off using bi-lateral agreements vs. the use of multi-lateral agreements, since we are always the larger trading partner.
The US got screwed and should have been able to keep tariffs in place during the Japanese steel cases in the 1980’s. Reviving an American steel industry is a matter of national security. Imagine if we went to war with any Asian country...think they will export steel to us to help the US war effort?
Not a chance.
Defense industries and contracts should be closely monitored by the feds and are a whole different animal than the non-defense market which I am referring to.