I know probably as little about tariffs and international trade as you, but my guess is that it
might, but only if there's no viable customers left to export their steel to.
My guess is that Canada's action here, along with the EU, will be pretty influential, as China won't just be able to dump all their US-bound steel on those markets.
I don't necessarily disagree with the Trump administration's moves against Chinese economic behaviour here, but I do think that exemptions should have been made for Mexico, Canada and the EU at a minimum.
If this had been about getting China to play fair, and co-ordinated well with other major economies, I think this could have worked out pretty well. But it seems Trump's main goal here is domestic protectionism at any cost.
My guess is that Canada's action here, along with the EU, will be pretty influential, as China won't just be able to dump all their US-bound steel on those markets.
I don't necessarily disagree with the Trump administration's moves against Chinese economic behaviour here, but I do think that exemptions should have been made for Mexico, Canada and the EU at a minimum.
If this had been about getting China to play fair, and co-ordinated well with other major economies, I think this could have worked out pretty well. But it seems Trump's main goal here is domestic protectionism at any cost.