Irish Times: Britain urged to raise tariffs on cars from China

If Britain does not want to be subject to European Union (EU) protectionist measures under its Made in Europe policy, it must increase tariffs on Chinese cars. This was reported by the Irish Times, citing its sources.

In addition, London was urged to consider joining the EU customs union, which would be the best solution. As a representative of this association stated, such a step would solve most of the problems.

However, as the publication noted, joining the EU's protectionist trade measures in key industries would limit the freedom of action the UK gained after leaving the European Union and would lead to higher prices for consumers. However, Europeans are concerned that a hyper-competitive, globalized Britain could emerge on their borders, which would also become a back door for Chinese goods to enter the European market.

London is now pushing Brussels to include its supply chains in the automotive, chemicals and energy sectors in a pan-European program to support manufacturing (the Made in Europe initiative). Otherwise, its industry may be left out of important EU subsidy programs.

However, the prospect of tariffs on Chinese electric cars poses a difficult dilemma for the UK government as the country seeks to attract Chinese investment in British car factories.