Staff at UK’s biggest plant fear US move will lead to China dumping cheap steel
The escalating trade war started by Donald Trump could mean fresh financial woes for Britain’s biggest steel plant, less than 18 months after workers agreed to pension benefit cuts to save the Port Talbot works.
From 1 June, the US president imposed a 25% tax on steel and a 10% tax on aluminium from the EU, Mexico and Canada. On Friday Trump upped the ante, announcing a 25% tariff on $50bn (£38bn) of Chinese goods. All countries targeted by US tariffs have vowed to take retaliatory measures.
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