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Originally Posted by Knight Hospitaller
Not an economist, but a finance major before going to law school. This is mainly about China. The Chinese companies are not making a business decision to sell for less. Manufacturing is at a pace that exceeds demand for product. They are selling at a loss in some cases, but being propped up by the government. Google what the WTO found with respect to Chinese solar panels. The same thing is going on with steel/aluminum. Transshipment though other countries from China means the numbers are worse than they at first appear.
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I don’t disagree. Their tactics are well-known. The problem is our appetite for their cheap steel. The question is whether this political move really has any real net positive (or negative)benefits to the economy, or just the steel makers.