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