Just one more tarriff to save this industry bro please just a little higher
upthetruth1 on
At this rate, just nationalise the steel
FeigenbaumC on
The UK just released their new steel strategy. The aim is to increase steel production in the UK by 30%, and prevent plants from collapsing. From July, quotas on imports of many overseas steel products will be slashed by 60%, and duties outside those quotas will be raised to 50%. The measure is similar to recent moves by the US, EU and Canada
Why is this relevant to Neoliberal: It is about questions of free trade, something we typically like
Desperate_Wear_1866 on
They could just lower the actual price of electricity first, which would actually help the steel industry (and everyone else). But no, supply side reform is tricky and difficult. Why solve problems when we just let it fester until it’s someone else’s problem?
The_James91 on
Damaging the entire economy and raising inflation to protect a constituency that is going to vote Reform at the next election. I hate it.
5 Comments
Just one more tarriff to save this industry bro please just a little higher
At this rate, just nationalise the steel
The UK just released their new steel strategy. The aim is to increase steel production in the UK by 30%, and prevent plants from collapsing. From July, quotas on imports of many overseas steel products will be slashed by 60%, and duties outside those quotas will be raised to 50%. The measure is similar to recent moves by the US, EU and Canada
Why is this relevant to Neoliberal: It is about questions of free trade, something we typically like
They could just lower the actual price of electricity first, which would actually help the steel industry (and everyone else). But no, supply side reform is tricky and difficult. Why solve problems when we just let it fester until it’s someone else’s problem?
Damaging the entire economy and raising inflation to protect a constituency that is going to vote Reform at the next election. I hate it.