A little pain now for great rewards later is a solid negotiating principle. This administration understands that and in typical Trump fashion you demand 100 and hold the line when your goal is really to obtain 50.
This is not happening in a vacuum as constantly discussed on the media. There are many negotiations in play on a variety of subjects and Trump has tied trade into the equation to increase our position. We are the biggest client so we have an upper hand and the administration has been quick to settle for more favorable terms after each announcement. Winning.
Yea, on the one hand a deal with China could see then buying out as much as can be produced. That would weaken the hand of the West meaning fixing this steel issue would require them to give somewhere else. The fact is no one knows exactly how this will play out but Trump is the best shot to fix things. Also, the only one to actually ever try
From his Wiki bio:
Leo Gerard, international president of the United Steelworkers union stated about Ross that "he was open and accessible and candid and honest and he put a lot of money back into the mills, so literally tens of thousands of jobs were saved."
Ross sold International Steel Group to Mittal Steel Company for $4.5 billion, half in cash and half in stock, in April 2005.
Instead of putting a political hack in as Commerce Secretary, Trump insert in there the best steel tycoon in the world!
American jobs! Hey Big Don, we're not yet tired of WINNING!