Britain expected to impose tariffs on Chinese electric cars, The Times reports
British business minister Jonathan Reynolds is reportedly drafting a tariff package to be imposed on Chinese electric car imports, according to The Times. The potential tariffs come amid concerns that Beijing is flooding the British market with state-subsidized vehicles, Reuters reported. British ministers are prepared to match the European Union's 45 percent levy on Chinese electric cars to prevent the negative impact of proposed European measures, the report added. However, Reuters was unable to independently verify the source.
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- Britain expected to impose tariffs on Chinese electric cars, The Times reports channelnewsasia.com