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Back when Tony Blair was prime minister and was plotting with George Bush to tell is a pack of lies in order to get us into the Iraq war his ally George upset Tony by imposing swingeing tariffs to protect US steel industry because at the time these hit UK exports to America.
This was contained in secret emails from Colin Powell copies of which were sent to Hilary Clinton. The USA recognised it could not be without a steel industry of its own. How can you go to war relying on foreign suppliers who might given world volatility become enemies. IE Isil take over! Even today according to the Daily Telegraph 3/03/16 president Obama has slapped 266% trade tarriff to again protect US steel makers. This hits us too!
SAVE OUR STEEL DAILY MIRROR CAMPAIGN
The point is that as part of the EU we cannot impose our own tariffs to protect our industries against in this case the deliberate dumping of cheap Chinese steel at below its cost of production even by the Chinese themselves.
Its a wonder while Osbourne was shoving Obamas mouthpiece in front of a microphone at the G20 in Beijing to scare us into voting to remain in the EU which prevents us using measures like tariffs, he didn't announce this despicable measure to use Chinese steel for building 31 Royal Navys new frigate ships.As long as we remain shackled to the EU which also in the Telegraph reports Credit Suisse one of ther signers of Mr Camerons letter stated that the Euro will not survive another slump it will disintegrate and the whole EU project along with it.
THIS COUNTRY CANNOT COPY THE USA AND IMPOSE 266% TARRIFFS TO PROTECT OUR INDUSTRIES STEEL INCLUDED
Cameron tells us what a great deal maker he has become. Why with the low cost of oil does he not use this amazing skill to get a low cost of energy for UK steel? But then the deal he struck recently in Paris with EDF over Hinckley will make things 3X times worse. He guaranteed the French company gets a price of £97 per megawatt hour. The current cost is £30 pmh . one energy expert was quoted as saying:
Global shocks indeed give Cameron a taste of British SteelMr Dominic Whitthome of Mainline Energy Consultants stated: "The subsidies just look staggering. The government just didn't know what they were doing, it's the worst deal I have ever seen."
Vote Brexit
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