Latest editorial
EU-US trade deal 'threatens British jobs and businesses'
Plaid Cymru MP warns deal will boost US at the expense of Britain's industry
Britain's battered industrial base could be “hollowed out” by a trade deal between the European Union and the US, Plaid Cymru MP Jonathan Edwards warned Parliament yesterday.
Mr Edwards expressed grave concerns that the deal will mean bigger profits for US businesses and cuts to jobs and wages on this side of the Atlantic in a “Marxist critique” of the deal.
He explained that the fracking boom in the US will allow its government to offer industry energy subsidies — lowering their production costs and giving them an advantage in the market.
More from this author
No-one left behind with schools run NHS-style
Court blocks 130,000 from voting
Similar stories
LUKE FLETCHER fleshes out Plaid Cymru's plan for the revitalisation of Wales's economy
Labour is abandoning Port Talbot workers and pursuing more austerity — but Wales has an alternative path, one committed to economic justice and sustainability in the face of rising energy bills, writes LUKE FLETCHER MS