Government of Trump is try to activate the previously policy. Trump have signed two executive policies on April 1st, 2017. The policies demanding to investigate the US trade deficit and dumping steel policies from other Countries.

Dumping steel includes steel plates, steel line pipes, and steel profiles.

According the reports Axios, the current of White House have inside disagreements on trading policies plan. But still there were news for this:

Steel products such as line pipes, steel plates, steel profiles, casing pipe and tubing, and aluminum will be the target dump steel product, other commodities such as household appliances, may also become the target products. If the survey resulted in tax increase, this possibly increase the American consumer’s price. And it’s harmful to partial US company’s share price, especially the companies rely on Chinese cheap steel products. But for some US manufacturing company may have the benefit for this.

US Try to save American manufacturing industries and turn the business around.

Trump will save American manufacturing industries and turn the business around, for the unfair trade action. A White House official said this is a part of actions. US government will take actions according by the survey result. The official said US government may not reflect for this, but also maybe will charge the additional tax.

In other words, the action will possibly much bigger than steel products dumping content reported from New York Times.

At present, US Secretary of Commerce is implementing this policy. The survey result will come out at the end of April possibly.

The penalty to dumping steel will make big benefit for some US companies.

Axios said that if this investigation lead to a penalty to trade partners, it will be the great success for Ban Nong, Miller and other economic nationalists. On the other hand the Glodman Sachs is possibly to oppose these trade penalties.

Increasing China steel product export makes opposition from Europe

“The Financial Times” said China steel export increased a lot, it makes the big opposition from Europe to China steel product, But granted China to export steel products to worldwide, was the agreement from WTO, when 15 years ago China joined it. Since China get this power, it is hard to opposite China from world wide countries.

European Union Commission Chairman Juncker stated, the agreement would allow “verification and monitoring” to China steel products such as steel plates, pipes, profiles from China. This is to confirm whether China has keep promise to cut excess steel capacity.

Connections between the Agreement and Economy Status

“Our Chinese friends and partnerships known, that economy status and this agreement have some kind of relations between each other,” Juncker said. “Although you can take apart each other, but literally European should consider them as one.

A discussion if to support China Economy

Addtionally, the European Commission will discuss whether to give the support to China Economy. “I don’t want to expanse the decision, but it will be an noticeable decision. and there is an apparent connection between the steel market and economy status.

It is said that this is an extempore negotiation for this agreement, among Jucker, Chinese Premier Li Keqiang, and the European Council President Tusk. This negotiation suppose to make a diplomatic victory to Beijing, and good news to China steel product and China steel manufacturers.