Britain will not be following the European Union in imposing tariffs on Chinese electric vehicle (EV) imports, as no complaints have been raised by UK businesses, according to British trade minister Jonathan Reynolds.
This contrasts with the EU’s recent decision to impose tariffs of up to 45% on Chinese-made EVs, which they argue are unfairly subsidized by Beijing – a claim China denies.
Reynolds explained to news agency Reuters earlier this week that the UK’s Trade Remedies Authority (TRA) had not received any complaints from the local industry that would trigger an investigation. He said that his priority is to maintain open and thriving export markets for British producers.
Login to continue reading
Or register with AM-online to keep up to date with the latest UK automotive retail industry news and insight.