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Trump Tariffs Threaten 34,000 UK Steel Jobs

Friday, June 1, 2018

EXCLUSIVE GMB FIGURES SHOW TRUMP’S TARIFFS THREATEN 34,000 STEEL JOBS

It's clear that Donald Trump's tariffs could have a devastating impact on steel communities and the wider UK economy says GMB

Exclusive figures from GMB, the steel workers union, show Donald Trumps’ tariffs threaten 34,000 UK steel jobs.

The protectionist Trump administration has slapped a 25% tariff on steel and a 10% tariff on aluminium, citing national security interests. [1].

In total, more than a billion pounds are paid in wages to steelworkers across the country each year.

That adds up to more than £230m paid to the exchequer in tax and national insurance contributions.

The region most at risk is Yorkshire and the Humber, where 9,500 jobs could be hit. [See note 2 for regional break down of jobs and risk to economy).

Just behind is Wales where 9,250 jobs are at risk.

The levies have now been imposed on the EU, Canada and Mexico, after they were previously granted exemptions.

GMB’s 101st annual congress takes place in Brighton from June 4 – 6.

Jude Brimble, GMB National Secretary, said:

“The Government must act urgently to protect the livelihoods of more than 30,000 steel workers.

“It's clear that Donald Trump's tariffs could have a devastating impact on steel communities and the wider UK economy.

“It's time that Ministers stood up for the steel industry and UK manufacturing, not a President who will only ever put America first."

ENDS

Contact:  GMB Press office 07958 156846 press.office@gmb.org.uk

Notes to editors:

[1] https://www.mirror.co.uk/news/politics/government-must-act-protect-34000-12628814

[2] 

  Employment Earnings, and income tax plus NI payments
Region 2452 : Casting of steel 241 : Manufacture of basic iron and steel and of ferro-alloys 242 : Manufacture of tubes, pipes, hollow profiles and related fittings, of steel 243 : Manufacture of other products of first processing of steel Total Total earnings contribution Tax payments
Great Britain 2,250 21,000 8,000 3,000 34,250 £1,092,424,000 £233,718,890
Yorks and Humber 700 7,000 1,000 800 9,500 £311,121,000 £67,423,260
Wales 50 8,000 600 600 9,250 £309,727,000 £67,822,850
West Midlands 400 1,500 1,500 900 4,300 £128,871,900 £26,693,484
North West 700 1,000 800 500 3,000 £90,803,000 £18,908,920
North East 10 1,500 700 125 2,335 £74,743,180 £16,019,260
East Midlands 125 450 1,250 30 1,855 £54,800,590 £11,261,317
South East 200 1,000 500 40 1,740 £55,448,920 £11,857,791
South West 75 300 600 100 1,075 £31,879,600 £6,565,091
East 20 250 350 25 645 £19,601,410 £4,090,623
Scotland 50 75 500 10 635 £18,246,455 £3,690,864
London 5 50 50 0 105 £3,264,590 £689,487
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