A bit of a reality check mon ami, much needed with the current hysteria and hyperventilating amongst Lefties regarding President Trump.
"The last few years have been troubling for the British steel industry. High energy costs, a wave of cheap Chinese imports, plant closures, the COVID pandemic and financial struggles have all taken their toll. Steel is a high energy user and significant carbon emitter. Coal-fired blast furnaces exceed temperatures of 2,000?C and the industry is responsible for around 2% of UK greenhouse gas emissions. The sector faces the challenges of transitioning to greener and more cost-efficient production. Such challenges are especially acute at the UK’s largest steelworks at Port Talbot in South Wales. Owned by Tata Steel, the site recently closed one coal blast furnace with a second one due to shut in September."
Our manufacturing industries have been in decline for years, and especially steel. The big problem is the fact that this country has the highest energy costs in the world, due to the eco-loons running the country for the last 20 years with their Net Zero agenda and nothing whatsoever to do with President Trump.
Our steel exports to the USA are worth 400 million pounds a year, and as all countries are facing tariffs we are not going to lose out to any of our worldwide competitors. It's a specialised product and it seems unlikely the US can produce this steel internally or they wouldn't be importing it from us, in which case, at least in the short term, our exports should not be harmed much. But I could be wrong, suppose the entire 400 million pounds of exports to the USA are lost, our Foreign Aid budget is 15.3 billion pounds, if we can afford to give that amount of money away annually, then the loss of 400 million of exports is but a drop in the ocean and not anything of undue concern.
The tariffs the USA is imposing on imported cars is perfectly justified, the UK and EU imposes it's own tariff on cars imported from the USA by adding 20% VAT onto their selling price, there is no equivalent tax on cars imported into the USA, so President Trump is simply trying to create a level playing field for US car manufacturers.
Hope this helps mon ami.![]()


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