Britain expected to impose tariffs on Chinese electric cars, The Times reports
British business minister Jonathan Reynolds is reportedly preparing a list of potential tariffs to be imposed on Chinese electric car imports, according to The Times. The concern is that Beijing is flooding the UK market with state-subsidized vehicles, and British ministers are prepared to match the European Union's 45 percent levy on Chinese electric cars to avoid the impact of potential European proposals. However, Reuters was unable to independently verify the report at this time.
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- Britain expected to impose tariffs on Chinese electric cars, The Times reports channelnewsasia.com