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EU rules and regulations and red tape...this pushes up our costs of production to completely uncompetitive levels
Meanwhile the Chinese have no such rules, so they produce it cheap and their steel is absolute garbage, check out the flimsiness of Chinese car parts when you buy them
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The reason regulation exists is so that our steel is not 'absolute garbage' or 'flimsy' as you put it.
These job losses are one of many negative sides of the 'free-market' that most rightwingers cite as the holy grail of economics. China flooded the market with cheap steel, therefore the supply goes up massively and demand is less.. so the price drops and jobs are lost. It's as simple as that.
This is an example of irresponsible trade, not EU failure.