joanne norton, our vice president has done something for this program which i will mention right now. so atent the last day or the library of congress trying to figure out, where did section 232 come from and, the fruits of that labor are in your handout. byas particularly struck this passage from the 1958 version, which says, in the administration of this section, the director and the president shall further recognize the close relation of the economic welfare of the nation to our national security so there is something of a history here and i think joanne for pulling it out for us. the other volunteer i want to recognize is, what i think of as one of the best trade analysts around, john magnus. things our other vice chairman of our advisory , he is your moderator this morning. he is the conductor for this railroad to understanding and i will turn it over to him and thank all of you and look forward to the discussion. thank you. good morning, everybody. once again, judge has done it and assembled the right group on just the right topic at the right moment. great ferment in the world