EU and China waging a subtle trade war

After claiming for years that austerity was “right thing to do”, before eventually admitting growth was in everyone’s best interests, you’d have thought Brussels would have learnt its lesson by now.

Not so … it seems.

For this week eurocrats went a step further and— having already exasperated many of the EU’s own members— they managed to alienate the one of the block’s biggest trading partners too, by slapping tariffs on cut-price Chinese solar panels. Continue reading