LONDON — Britain’s government on Monday raced to secure raw materials to keep the country’s last steelmaking blast furnaces running, as Beijing warned the United Kingdom against politicizing the takeover of Chinese-owned British Steel. Prime Minister Keir Starmer’s government swooped in on Saturday to prevent the closure of British Steel’s main plant in northern Scunthorpe…
Britain’s government on Monday raced to secure raw materials to keep the country’s last steelmaking blast furnaces running after passing emergency legislation to take control of British Steel. Prime Minister Keir Starmer’s government swooped in on Saturday to prevent the closure of British Steel’s main plant in northern Scunthorpe after its Chinese owners Jingye halted…
LONDON — The U.K. government on Friday called an emergency weekend session of Parliament to pass legislation aimed at saving the country’s last factory that makes steel directly from raw materials, a move that has been widely called for since U.S. President Donald Trump imposed tariffs on imported steel. UK government recalls Parliament for emergency…
The remarks come as the U.K. government pushes for a trade deal with the Trump administration to try and ease tariffs placed on the U.K. and other global economies last week. The U.S. imposed a baseline tariff of 10 percent on all U.K. imports, as well as a 25 percent tax on vehicles and steel…
The final list of countermeasures prepared by the Commission to respond to Trump’s steel and aluminum tariffs, which entered force on March 12, will not fully match their estimated impact of €26 billion on EU exports, Trade Commissioner Maroš Šefčovič said after the talks. That’s less than originally intended after EU countries lobbied to remove…
The U.K. prime minister and his top security adviser worked intensively to rescue the broken relationship between Kyiv and Washington, drafting a truce plan that might one day pave the way for peace. Mar 12 9 mins read Source link
The United States will impose tariffs on countries that “harm” America, President Donald Trump announced, naming China, India, and Brazil as examples of high-tariff nations. Speaking to House Republicans at a retreat in Florida, Trump said, “We’re going to put tariffs on outside countries and outside people that really mean harm to us. Well, they…
After more than a decade of intensive research in China, a groundbreaking new ironmaking technology is poised to revolutionise the global steel manufacturing industry. The new method involves injecting finely ground iron ore powder into an extremely hot furnace, triggering an “explosive chemical reaction”, according to the engineers involved in the project. The result is…
Chinese actress Esther Yu Shuxin, who is known for her playful personality and bold fashion choices, pursued her passion for acting despite coming from a privileged background. The 28-year-old was born in Shanghai to a wealthy family – her father a mining magnate and her grandfather the head of a steel corporation – with an…
Canadian Prime Minister Justin Trudeau has announced a 25 per cent tariff on steel and aluminium imported from China. This decision precedes a crucial bilateral meeting, responding to perceived unfair trade by China. Trudeau had been criticised for inadequate response to alleged Chinese election interference. Expected to affect local manufacturers, the impact of this move…