May 6, 2013 - That is an amazing fact, according to a report on Reuters this past week. The world we live in now is one that when 1 billion people looking for prosperity set their eyes on an industry, it is difficult to overcome their effect on that industry. We in America are all too aware of the effect that cheap products have on our corporations. Scratch that, the effect it has on our working class; Corporations do just fine, in fact they just make more money with cheap products
From the Reuters piece: The EU's trade chief will recommend placing punitive import duties on billions of euros of solar panels from China, people close to the matter say, putting up a barrier to protect European producers but risking upsetting Beijing.
The case, the biggest the Commission has ever targeted, highlights the balancing act facing Brussels as Europe tries to protect against cheap imports while needing China, the EU's second largest trading partner, to help it emerge from recession.