NEWS
Trump’s tariffs jobs risk to £2 billion steel industry revealed in GMB analysis
including Aberavon, Scunthorpe and Newport East. The UK parliamentary constituencies most at risk from Donald Trump’s steel tariffs are revealed in GMB analysis. Trump protectionist administration has slapped a 25% tariff on steel and a 10% tariff on aluminium, citing national security interests. [1]. Britain’s steel industry directly
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contributes £2 billion to the economy every year, official figures show. [2] The findings emerge as GMB’s 101st annual congress takes place in Brighton this week. 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
onstituency breakdown shows the ten constituencies which could be hardest hit
the exchequer in tax and national insurance contributions. The constituency most at risk is Aberavon, where 4,200 people work in the steel industry. [See note 3 for full list of constituencies] Scunthorpe [3,060] has the second most number of steel jobs, followed by Newport East [1,250]. The full top ten see table.
Employment
Parliamentary constituency 2010 Aberavon
Scunthorpe Newport East Corby
Rotherham Leeds Central Sheffield South East
Cardiff South and Penarth Alyn and Deeside
Penistone and Stocksbridge
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www.internationalmetaltube.com www.internationalmetaltube.com IMT June 2018 3
The levies have now been imposed on the EU, Canada and Mexico, after they were previously granted exemptions. Tim Roache, GMB General
Secretary, said: “These figures hammer home the potential harm of Donald Trump’s tariffs. “The UK has more than 30,000
Earnings, and income tax plus NI payments
Total 4,200 3,060 1,250 1,020 970 950 865 850 840 810
Total earnings contribution £143,529,600 £105,262,280 £43,116,250 £28,434,010 £32,946,260 £26,746,600 £28,563,820 £28,983,800 £28,798,720 £27,854,480
Tax payments £31,722,216 £23,332,929 £9,568,850 £5,648,550 £7,261,604 £5,345,366 £6,214,404 £6,399,538 £6,374,139 £6,173,463
steel jobs. These tariffs could have a devastating impact on jobs, steel communities and the wider UK economy. “This Government needs to stand
up for our steel industry and UK manufacturing, not leave us at the whim of a protectionist President who will only ever put America first.”
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