EU Faces 300,000 Factory Job Cuts as China ‘Colonises’ Supply Chains, Industry Warns
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8 Articles
European industry warns that 300,000 jobs could be lost by the end of the year, on the basis of China's growing competition. Eurometal will organise a symbolic protest in Brussels on Monday, in which 10 coffins, representing among others "EU competitiveness", "employment in industry", and "European factories", will be carried around the headquarters of the European Commission.
Eurometal warns that competition from subsidized Chinese products threatens hundreds of thousands of steel jobs and could deepen European deindustrialisation, despite the new quota and tariff regime adopted by Brussels.
Up to 300,000 people working in factories in the manufacturing industry could lose their jobs if the European Union fails to stop "colonisation of the industrial sector".
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Eurometal warns 300,000 EU steel jobs face elimination from subsidized Chinese imports as Brussels implements 47% quota cuts and 50% tariffs
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EU faces 300,000 factory job cuts as China ‘colonises’ supply chains, industry warns
Job losses in EU manufacturing will rapidly increase unless Brussels stops the “colonisation” of industry by Chinese component manufacturers, a leading industry trade body has warned. Eurometal predicts 300,000 job losses in manufacturing in the rest of 2026 because of expanding competition from China, which is now enjoying a record €1bn-a-day trade surplus with the […]
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