EconomyUK car industry faces ‘difficult trade-off’ between Chinese and EU markets
Britain’s car industry is under pressure to support tariffs on cheap Chinese vehicle imports as the EU considers protectionist “made in Europe” rules that could restrict UK exports. Tariffs might raise prices, hurt sales in China and deter investment, while refusing them could threaten access to the EU, which took 58% of UK car exports in the first half of the year.
UK car industry faces ‘difficult trade-off’ between Chinese and EU markets
Economy