Here's a question for you.  The Chinese property market is overbuilt and collapsing, which means the Chinese steel industry is also overbuilt, because they are losing one of their main markets- the Chinese construction industry.  At this point I am speculating, but this means there could be a lot of very cheap Chinese steel on the world market, because they have nowhere else to sell it, and demand has plummeted.  

If we allow this cheap Chinese steel into the United States, then the cost of building things like automobiles, skyscrapers, or anything that takes steel becomes much cheaper.  Then American companies would make a lot more money, employ a lot more people, and prices would go down here in the United States.  

So letting cheap Chinese steel into the United States could be a tremendous benefit to our economy.  But we have tariffs on Chinese steel, to protect the US steel industry and US steel workers.  

If you had the power to do it, would take advantage of this Chinese misfortune, and let their steel flow into the US unimpeded?  It seems like it would be a tremendous benefit for consumers, and a lot of American industries, but might damage the US steel industry.

---