A leading trade body warns the EU could lose 300,000 factory jobs in 2026. Eurometal says Chinese companies are taking over European supply chains. China now enjoys a record €1bn-a-day trade surplus with the EU. Eurometal will protest in Brussels on Monday with 10 symbolic coffins. The coffins carry labels like 'EU competitiveness' and 'industrial jobs.' Industry leaders say the EU is not doing enough to protect factories.
China wants to move from selling raw materials to finished products. Its five-year plan aims to control key supply chains. Once China controls the parts, it controls the whole industry, Eurometal warns. Europe has lost manufacturing jobs to cheaper rivals for decades. The EU added higher tariffs on foreign steel in June. Tariffs are one tool, but companies say more is needed. The fight mirrors the wider trade tension between the West and China.
Factory work supports families and entire towns. Losing 300,000 jobs would hit communities across Europe. The trade battle also shapes prices and jobs everywhere.

A leading trade body warns the EU could lose 300,000 factory jobs in 2026. Eurometal says Chinese companies are taking over European supply chains. China now enjoys a record €1bn-a-day trade surplus with the EU. Eurometal will protest in Brussels on Monday with 10 symbolic coffins. The coffins carry labels like 'EU competitiveness' and 'industrial jobs.' Industry leaders say the EU is not doing enough to protect factories.

China wants to move from selling raw materials to finished products. Its five-year plan aims to control key supply chains. Once China controls the parts, it controls the whole industry, Eurometal warns. Europe has lost manufacturing jobs to cheaper rivals for decades. The EU added higher tariffs on foreign steel in June. Tariffs are one tool, but companies say more is needed. The fight mirrors the wider trade tension between the West and China.

Factory work supports families and entire towns. Losing 300,000 jobs would hit communities across Europe. The trade battle also shapes prices and jobs everywhere.

📰 Source: News Source
theguardian.com ↗
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