In principle I agree that subsidies don't always benefit the worst off. In this case, they do however, since the downward price pressure is mainly on low priced, lower quality segment consumer goods.
You could make the argument that while the costs of the goods are now lower and consumer surplus goes to most americans, they're out-competing US made products, that would generate wages for the worst off. Then you'd be arguing for protectionism though.
You could make the argument that while the costs of the goods are now lower and consumer surplus goes to most americans, they're out-competing US made products, that would generate wages for the worst off. Then you'd be arguing for protectionism though.