America has imposed massive tariffs, but Britain’s courtship of Beijing may leave British steelmakers with no protectionA historic industry is plunged into peril as the life is slowly squeezed from it by slowing demand and a flood of cheap imports as the government merely stands by. Sound familiar?It is the grim reality facing British steelmaking. But to anyone with a sense of recent industrial history it is unlikely to approach as a surprise; this was also how Britain’s once mighty coal industry was snuffed out during the late 1980s.
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Source: theguardian.com