american consumers. they are saying it is like a hidden tax for the american public. >> right. a lot think it is a bad idea because it is a bad idea. you have a situation where president trump has been consistent on this. he campaigned saying he wouldn't be afraid. back in november the u.s. trade commission started looking into this. now they are taking action. the problem is not just that you could tank the stock market like what happened today but that you're going to antagonize china, a country we are working with or against far slim possibility that you're going to slightly shift the trade balance. >> it's not even an exporter of steel but canada is. take a look at the countries, canada, russia, turkey, japan, these countries could retaliate. >> they could. i think david, to your point,