China has continuously dominated the European market by supplying cheap goods. This strategy not only benefits consumers but has seriously harmed the domestic industries of European countries, especially Germany.
Serious Risks for the German Industry
Today, many German manufacturers are facing a significant challenge. The protective tariffs imposed to counter unfair prices have not been very effective in practice, and this issue threatens the survival and future of the country's industry. It is now time for German policymakers to respond to this serious threat and take serious measures to support the domestic industry.
