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British Steel collapses, putting thousands of jobs at risk
CNN ^ | 5-22-2019 | Ivanna Kottasova

Posted on 05/22/2019 2:36:35 PM PDT by tcrlaf

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To: Sirius Lee

The UK’s steel industry can’t compete in terms of size or resources with the US, China, Russia or India


21 posted on 05/23/2019 4:13:00 AM PDT by Cronos (Obama hated Assad as he wasn't a Muslim but an Alawite)
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To: tcrlaf

FWIW, for once I wouldn’t blame the ChiComs.

I think the EU is conducting an economic embargo.

With the quiet acquiescence of the May government.

Now we’ll see if Brits are men or mice.


22 posted on 05/23/2019 4:13:29 AM PDT by mewzilla (Break out the mustard seeds.)
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To: tcrlaf

I thought as much


23 posted on 05/23/2019 4:13:38 AM PDT by shoff (Vote Democrat it beats thinking!)
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To: Cronos

It why they need tariffs.


24 posted on 05/23/2019 4:13:39 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Cronos

Steel is a national security issue, though, to my mind, which means you bust your butt to ensure it doesn’t go belly up.

The screws are being put to the UK’s steel industry in an attempt to extort the British public.


25 posted on 05/23/2019 4:15:41 AM PDT by mewzilla (Break out the mustard seeds.)
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To: central_va
Strangely enough they do have tariffs and they were ratcheted up this year following President Trump's tariffs on China
26 posted on 05/23/2019 4:51:35 AM PDT by Cronos (Obama hated Assad as he wasn't a Muslim but an Alawite)
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To: mewzilla

The UK’s steel industry has been ailing for decades now. They are grossly inefficient.


27 posted on 05/23/2019 4:53:28 AM PDT by Cronos (Obama hated Assad as he wasn't a Muslim but an Alawite)
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To: frogjerk

Great album


28 posted on 05/23/2019 5:56:37 AM PDT by Hyman Roth
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To: tcrlaf

29 posted on 05/23/2019 2:13:16 PM PDT by Cronos (Obama hated Assad as he wasn't a Muslim but an Alawite)
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To: Cronos

He was absolutely right. Our treacherous ruling class have kept us in and we are subsequently still bound by EU regulations preventing state intervention to save ailing, yet strategically vital industries. Had we left 3 years ago, this might have been avoided.


30 posted on 05/25/2019 2:11:27 PM PDT by sinsofsolarempirefan
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