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Business · · 1 min read

UK car industry faces ‘difficult trade-off’ between Chinese and EU markets

Britain under pressure to put tariffs on cheap Chinese vehicle imports ahead of protectionist trade measures Britain’s car industry is grappling with a “difficult trade-off” between China and Europe, as manufacturers struggle to balance the benefits of both markets ahead of looming trade measures that could restrict UK exports to the EU. The UK is an outlier in choosing not to put import taxes on Chinese vehicles…

Read original on The Guardian — Business