I’m truly aghast. The Telegraph reports of a looming EU/China trade war:
The beginnings of a trade war between China and the European Union could escalate into a damaging battle that might hurt the UK, economists have warned.
Meanwhile, the BBC reports on Sino-Swiss relations:
China has signed the framework of a free-trade agreement with Switzerland, which could become Beijing’s first such deal with a major Western economy.
Being in the EU, instead of isolated like those Swiss with their wacky low unemployment rates, we can’t do anything about trade with China, It’s an EU (in)competence. The truly mental thing, is that the “trade war” was sparked by EU anti-dumping tariffs on solar panels, to which China responded with a levy on European wine. Well hang on, the Chinese were subsidising their solar panels so they’d be cheaper for us. Protesting this is like protesting when the car salesman chips in his own money to help you buy a motor. You just wouldn’t! The result so far is that (mainly) French wine exporters have been penalised because of a measure designed to protect German manufacturers.
We are truly governed by morons.