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Brussels Takes Aim at Chinese Imports as Europe's Industrial Crisis Deepens

OilPrice.comPeople's Republic of China

Europe's political elite is belatedly confronting the electoral cost of deindustrialization, as right-wing gains in local elections expose surging voter anger over globalist policies that have crushed the industrial base. The push to curb cheap Chinese imports suggests Brussels is scrambling for political survival, as Nomura analysts recently said elections across the continent over the next year and a half are expected to shift right. Bloomberg reports that the EU is preparing restrictions on imports of chemicals, furniture, and machinery from…

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