Britain set to levy tariffs on Chinese electric cars, The Times reports
Ministers are drawing up levies to counter state-subsidised imports and protect UK carmakers as Chinese brands take a larger share of sales.
- On Sunday, The Times reported that Britain is preparing to impose import levies on Chinese electric vehicles to meet a key European Union demand and avoid exclusion from the "Made in Europe" scheme.
- Business Minister Jonathan Reynolds is drafting potential tariffs amid concerns Beijing is "dumping" subsidized vehicles into Britain, as EU officials worry the UK could become a backdoor for Chinese exports into Europe.
- Chinese electric vehicles grabbed 23% of new-car sales in Britain last September, accounting for nearly one in four cars sold; one popular SUV starting at around £30,000 has been dubbed the "Temu Range Rover" on social media.
- A British government spokesperson told Reuters that no tariffs have been imposed, stating, "We continue to engage closely with industry so that our approach reflects the sector's and UK's national interests."
- British Prime Minister Andy Burnham warned last month that excluding the UK from EU rules could damage its car industry, as officials fear retaliation against Jaguar Land Rover while prioritizing European manufacturing access.
115 Articles
115 Articles
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UK considers 45% tariff on Chinese EVs to match EU policy
London is weighing import tariffs on Chinese electric vehicles to counter what British officials describe as significant state support that gives producers from the People's Republic of China a price advantage. Business Secretary Jonathan Reynolds is preparing a package of potential trade measures, with one option under consideration being a duty of up to 45%, matching the current approach of the European Union. The final decision on the size an…
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