EU urges Britain to raise tariffs on Chinese cars
Brussels has told British Prime Minister Andy Burnham that Britain needs to raise tariffs on Chinese cars and align more closely with EU trade policy to avoid "made in Europe” barriers on key exports,...
The European Union has urged British Prime Minister Andy Burnham to raise tariffs on Chinese cars and realign its trade policies with the EU, according to the Financial Times. This comes after EU officials expressed concern over potential 'made in Europe' barriers that could hinder key exports. EU representatives suggested that the best solution for Britain would be to join the customs union, which would address many of the trade issues, including tariff disparities.
These disparities could potentially allow Chinese goods to bypass British tariffs by entering via the UK. In response to inquiries, a government spokesperson stated that trade measures are always implemented based on the UK's economic interests and industry needs, without directly addressing the EU's recommendations. Burnham has previously advocated for Britain to be recognized as a "trusted partner" under the EU's proposed 'Made in EU' rules, warning that its exclusion could harm the UK's auto industry.
The EU aims to reduce its trade deficit with China, a critical issue highlighted in European Commission President Ursula von der Leyen's recent State of the Union address. However, the accuracy of the report could not be immediately confirmed. Both the European Union and the British Foreign Office have not yet provided comment on the matter.
Written by urgent.news from Gulf Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.