UK weighs tariffs on Chinese EVs to win enhanced EU market access

Bloomberg · 11 hours ago
  • UK Business Secretary Jonathan Reynolds signaled openness to tariffs on Chinese electric vehicles to win enhanced access to European markets.
  • Reynolds said the UK would make the tariff call based on UK needs, not demands from the EU, ahead of an EU summit.
  • The source reports a signal of openness, not a finalized tariff decision or a dated policy action.

Quotes

“would make the call based on UK needs not demands from the EU”— Jonathan Reynolds

Sources