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Thread: EU needs to impose taxes on Chinese imports to save current EU jobs.

  1. #1
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    Default EU needs to impose taxes on Chinese imports to save current EU jobs.

    How many times have we now heard that Europe is in recession? Is it now time to admit that this recession is here to stay. In my opinion this recession is a direct result of millions of jobs been relocated to China over the last decade or so. Is it now time for the EU to have some form of protectionism, for current manufacturing jobs and impose extra taxes on all imports from China.

    Below is an article from a leading executive who calls for a form of protectionism in the EU.

    Mittal urges EU to protect itself against China imports - FT.com

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    Politics.ie Member Dame_Enda's Avatar
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    What about the jobs that would be lost from more expensive imports?
    Save the 27th

  3. #3

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    Quote Originally Posted by realistic1 View Post
    How many times have we now heard that Europe is in recession? Is it now time to admit that this recession is here to stay. In my opinion this recession is a direct result of millions of jobs been relocated to China over the last decade or so. Is it now time for the EU to have some form of protectionism, for current manufacturing jobs and impose extra taxes on all imports from China.

    Below is an article from a leading executive who calls for a form of protectionism in the EU.

    Mittal urges EU to protect itself against China imports - FT.com
    I wish you could stop posting F******Times.com links to p.ie

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    Politics.ie Member Honecker's Avatar
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    Quote Originally Posted by Dame_Enda View Post
    What about the jobs that would be lost from more expensive imports?
    Surely the point of protectionism is so you can replace imports with domestically manufactured goods?

  5. #5

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    Another federalista in favour of more EU taxes.

    It's protection FROM Europe that we want, not China.
    Fianna Fail - The Anti Democratic Party & The Anti Constitutional Party. Traitors of Irishmen and Irishwomen.

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    Politics.ie Member stopdoingstuff's Avatar
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    tkrjbsssss
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    Quote Originally Posted by Honecker View Post
    Surely the point of protectionism is so you can replace imports with domestically manufactured goods?
    Which would be more expensive than the imports if they require import duties in order to be competitive. If domestic consumers have to spend more money to buy these "protected" products it means consumers have less money to spend on everything else. The gains in the protected industries are simply transfers of these losses from other industries.

    Why should consumers be forced to spend more money on these protected goods thereby reducing their overall well-being because they have less money to spend on everything else?

    It is well understood that the beneficiaries of these "protections" can form a cohesive collective group to lobby for their imposition, where as the losers of protectionism (consumers, all other industries) are not well organised. There are large visible gains for a few and small dispersed losses for the many from protectionism. Any proposal would have to show why the gains are greater than the losses.

    The EU already has some large duties on imports, including those from China. One issue that didn't get much coverage in the Begley garlic import case was why is there massive duties on the importing of garlic from China. Why can't consumers get access to this (apparently cheaper) product? Is there some reason why the EU wants to prevent this product getting into the market. The import duty on garlic is 232% compared to 9% for apples.

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    Politics.ie Member farnaby's Avatar
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    The EU already imposes duties on imports from China and uses them as a negotiating stick, see for example:

    Germany disputes hard EU stance on China solar panel duties

    I think we'll see more protectionist measures coming in when people realise that it's not "just" working-class manufacturing jobs that have gone to China - it's also nice middle class jobs such as roles in design, supply chain, corporate law, IT etc. I.e. jobs currently held by those people who vote for and thus influence the main political parties.

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    The EU and European National Governments impose strict regulations on indigenous industry – in order to protect the environment or to increase the safety of workers, for example – which often increase the cost of manufacturing in the EU when compared to elsewhere, such as China, thus putting EU based companies at a competitive disadvantage. One could make an argument, therefore, for tariffs to be put on goods from countries without similar regulations. These tariffs could be relaxed as similar regulations are implemented in the subject countries. The argument for such tariffs might be strengthened in cases where the elimination of externalities, such as carbon emissions, would benefit both the EU and the country upon which the tariff has been imposed.

    Alternatively, the imposition of regulations in the EU could be said to force innovation, efficiencies and cost saving measures on indigenous industries, that they might not have otherwise made, in order to stay competitive.

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    Quote Originally Posted by realistic1 View Post
    In my opinion this recession is a direct result of millions of jobs been relocated to China over the last decade or so.
    What evidence is your opinion based on?

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