Illinois Congressman Rodney Davis says China does not trade fairly and the country needs to do a better job. He reacted to the President’s response to the steel tariffs and indicates China’s practices are a matter of national security. Davis also points out, the day after the President’s response to the steel tariffs, Granite City steel re-opened.
Davis says he is disappointed with the retaliation by China. He points out not all American products are not all getting into the Chinese marketplace.
May futures dropped four-percent last week after the news of the Chinese tariffs.