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EU steel workers protest against cheap Chinese imports
Associated Press ^ | Feb. 15, 2016 8:19 AM EST | Raf Casert

Posted on 02/18/2016 8:33:49 PM PST by Olog-hai

Steel company managers joined thousands of their employees from across the European Union to protest Monday against the import of cheap Chinese products and to warn the 28-nation bloc not to open the doors further to Beijing.

The European steel industry is accusing China of illegal export subsidies and selling products below production cost, all of which contributes to the crisis in the European steel sector.

With whistles and firecrackers, the workers ringed some of the EU institutions to push their demands to keep Chinese steel at bay. The industry argued that if the EU recognizes China as a market economy, a status that would allow for even more imports, it would cost tens of thousands of jobs. ...

(Excerpt) Read more at bigstory.ap.org ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: china; eussr; globalization; redchina; socialmarketeconomy; steel

1 posted on 02/18/2016 8:33:50 PM PST by Olog-hai
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To: Olog-hai

The supporters of Free Trade will support China on this, even if the eruption was here in the US.


2 posted on 02/18/2016 9:34:36 PM PST by Mariner (War Criminal #18 - Be The Leaderless Resistance)
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