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The British steel industry is in trouble. Why? Globalisation and Chinese steel dumping are a factor. But there is another major cause: our own misguided energy policy. So can we change it? Not unless we leave the EU.
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New post on Guido Fawkes |
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New post on Guido Fawkes |
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Dave is in Lanzarote, Sajid Javid is on an ill-timed jolly Down Under and Jeremy Corbyn wants parliament recalled to debate the dying British steel industry. While cheaper Chinese imports may have forced prices down, British steel prices have risen £30 per tonne since Christmas, with EU prices nearly £50 higher than Chinese in November. The EU’s 37 failed anti-dumping measures are just a sideshow to the real problem facing the industry: excessive EU green taxes and carbon caps.
North Koreans have reportedly been told to brace for another ‘arduous march’ – or devastating famine – the last of which killed 3.5 million people. Whereas North Korea’s central economic planning and autarky have brought nothing but poverty, open markets and free trade have turned South Korea into one of the world’s most dynamic economies. So why do politicians in the prosperous, free West fetishise the failed economic doctrines of Pyongyang?
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New post on Guido Fawkes |
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New post on Guido Fawkes |
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New post on Guido Fawkes |
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