And the Chinese retaliation would be - what? They would sic the Democratic People’s Republic of Korea on the South Koreans?
China, it would seem, has a pretty delicate balancing problem here, walking a tightrope while Trump is at one end, shaking the rope up and down.
Never play hardball with the king of hardball.
We should levy a fine against China for all the trademark and patent infringement over the years with all their crappy knock-offs of legitimate products, the fine to be exactly what we ‘owe’ them in their US Treasury holdings, call everything square, and build up our own mfg. base and send them back to the 11th century where they belong.
Harbor Freight stores hardest hit!
Of interest is the fact that alloy steel was not mentioned. I thought alloy steel producers also had a problem with dumped imports.
Of interest is the EEU. On their MTR form, the original point of ladle is required to be noted. There are large steel users that will not permit the purchase of steel with such a ladle origin in China.