United Kingdom could be only G7 nation not to produce its own steel; Chinese owner blames Trump tariffs

The United Kingdom could be the first G7 nation not to manufacture its own steel, with a major steel firm blaming President Donald Trump's tariffs for the planned closure of its two blast furnaces. 

British Steel, which is owned by Jingye, the Chinese steel group, announced plans to close its two blast furnaces in England, The Telegraph reported. The closures put 2,700 jobs at risk and the end of steel production in the United Kingdom after 150 years. Jingye bought British Steel in 2020. 

Jingye said the "imposition of tariffs" had made the blast furnaces and steel-making operations "no longer financially sustainable". 

THE LEFT THINKS TRUMP’S TARIFFS ARE A DECLARATION OF WAR. BUT THEY’RE CLUELESS ABOUT THE BATTLE...