- Dec 15, 2012
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I don't know about 5 billion per cent but I would say if they put a 40 to 50% tax on goods made outside of the EU that would encourage a lot of European companies who have outsourced their production to bring it back to their homelands. Manufacturing - supply and demand is the foundation of the worlds entire economy and manufacturing plays a huge part of it. Beijing's entire economy is dependant on the rest of the world buying Chinese made goods. There was a recent study that found about 6 months ago when Chinas economy started showing signs of slowing down, that that was down to Italy and Spain not buying their goods. They are just two countries out of many of Chinas consumers. It makes you think. Anyway, off topic.So what Europe needs is a 5000000000% (yes, five BILLION percent) import tax on stuff not made in Europe. That would sway Nokia to bring the jobs back to the Finns.