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The Independent UK
The Independent UK
Comment
Editorial

British Steel and the pragmatic case for public ownership

As an advocate of free trade and the free market, The Independent might be tempted to argue against the use of taxpayers’ money to prop up an uneconomic steelworks.

Indeed, if Donald Trump’s tariffs on Chinese steel exports to the United States continue to apply – and his list of duties seems to change by the day – it could be argued that the United Kingdom government should allow the Scunthorpe furnaces to shut down and let the country enjoy the benefits of the cheap Chinese steel that will be diverted here.

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