example of IKEA. That is to require profits would depend upon whether an J. C Trichet cannot lower inflation by
UIforwardUIforwardUIforward
certification from our suppliers to be antidumping regulation exists? If the EU wants increasing the interest rate. The reason for
sure human rights and the environment are to protect their region from cheap Chinese or increasing prices comes from China’s
appreciated value and rising world market
prices on steel. This will only lead to
stagflation, meaning increasing prices with
lowered consumption and reduced GDP.
protected as well as being sure that child Asian import it should be done in a more
Hans Björstrand
labour is avoided. general way including a time line. A declining President, Bufab
The way the EU attacks manufacturers import toll of ten percent could be started in
seems even more desperate, as it is obvious 2008 and decrease to zero over the next ten
that most individual manufacturers follow years.
normal business patterns, but unfortunately Europe will likely be under more pressure
are victims to their country’s political actions. after next year, when a new American
Most of the world agrees with the fact that president takes over. The USA might adopt
free trade is the only right way to go. This protectionism to reduce the trade deficit and
being the case, shouldn’t we have more of a restore the USA ́s reputation in the world. This
long-term plan on how to make this happen? scenario will force China and other Far Eastern
The EU can hardly move into every area countries to direct more export to Europe,
and establish regulations, as this would only which will be pressured to adopt protectionist
create bureaucracy and set the wrong policies.
foundation for the future. Who would want to The EU seems to have misunderstood the
start an industry knowing that company situation regarding the rising prices of imports.
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