I recollect the UK argument against it being that it would lead to higher steel prices

which would hit businesses who use steel.

ie, we'd be protecting one part of the economy (steel producers) at the expense of another part of the economy (steel consumers) and that in the round cheaper steel was of greater economic benefit to UK Plc.

What has wiped out the mass-production shoe industry in the UK is consumer apathy and dislike of paying high prices. If people only want to pay ?50 for a pair of shoes then it's going to have to be made overseas. If they're willing to pay for ?100 shoes then British shoes are still available to buy (and offer better long-term value anyway).

Posted By: CWC on April 29th 2016 at 14:32:08

Message Thread

EU & Chinese imports................................. ............. (NCFC) - Larry Hagman, Apr 29, 14:15:48
- Cobblers (n/m) (NCFC) - SimonOTBC, Apr 29, 15:49:51
- Everyone knows its all about shoes (n/m) (NCFC) - Ben, Apr 29, 14:36:48
  - Footwear is the 7th most imported goods to the UK from China (NCFC) - Larry Hagman, Apr 29, 15:04:49
    - my bird has about 500 pairs of shoes. her purchase process is thus:- (NCFC) - Pit, Apr 29, 15:06:57
      - Pit Bird sounds quite high maintenance (n/m) (NCFC) - Old Git, Apr 29, 16:51:24
        
        Yes. Tend to agree. Maybe too high. (NCFC) - Pit, Apr 29, 17:06:48
      - I've got some Loake shoes (English made) and a pair of trainers (NCFC) - Larry Hagman, Apr 29, 15:16:50
- I recollect the UK argument against it being that it would lead to higher steel prices (NCFC) - CWC, Apr 29, 14:32:08
  - Increasing tariffs on Chinese goods would........... (NCFC) - Larry Hagman, Apr 29, 15:46:39
    - if it was that simple, Larry, we'd be doing it already (n/m) (NCFC) - CWC, Apr 29, 16:03:11
      - The Tories priority is financial services buying and selling commodities (NCFC) - Larry Hagman, Apr 29, 16:15:00
        
        Then what stopped labour doing it? (n/m) (NCFC) - CWC, Apr 29, 18:11:09
        
        Economy was doing well (until the global crash) and there were fewer imports from China (n/m) (NCFC) - Larry Hagman, Apr 29, 19:07:41
  - Yep that should help our monoculture, consumption based, debt fuelled economy become more (NCFC) - Higher Wrather, Apr 29, 15:30:43
- Correct (n/m) (NCFC) - colincanary, Apr 29, 14:28:21

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