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Britain set to impose tariffs on Chinese electric cars, report says
Original: Britain set to levy tariffs on Chinese electric cars, The Times reports
Britain is preparing to impose tariffs on electric cars imported from China, according to a report in The Times carried by Reuters. The move would follow similar steps by the United States and the European Union, which have accused Chinese carmakers of benefiting from unfair state subsidies. The plans would affect major brands such as BYD and MG, and could raise prices for British buyers just as electric vehicle sales are meant to grow.
Why now: It follows US and EU tariffs on Chinese EVs, so people are watching whether the UK joins a wider trade standoff with Beijing.
United KingdomChinaBYDMGThe Times
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