UK 'considering tariffs' on popular Chinese electric vehicles amid pressure from EU
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The UK is considering implementing tariffs on the import of Chinese electric vehicles, according to fresh reports.Claims from The Times suggest that the Government is looking to impose tariffs on Chinese electric cars amid fears they are "flooding the market".Several car brands from China have entered the UK market in recent years and have seen a huge jump in sales thanks to low prices and impressive technology.Despite this, reports now suggest that Business Secretary Jonathan Reynolds is set to introduce a package of potential tariffs on Chinese vehicle imports.
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TRENDING Stories Videos Your Say Chinese manufacturers have been accused of "dumping" subsidised vehicles into Britain and Europe, prompting calls for additional tariffs.The European Union has introduced significant tariffs on the import of Chinese electric vehicles to protect European legacy manufacturers.Many long-standing automakers have struggled with the influx of cheaper Chinese cars entering the market as they struggle...
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