Fast Technology reported on July 20 that according to British media reports, British Secretary of Commerce and Trade Jonathan Reynolds said that the UK will not follow the example of the European Union and impose high tariffs on electric vehicles imported from China.
Reynolds, the latest Labor minister to take office, said that at the G7 Trade Ministers ‘Meeting, he had discussed with his European colleagues the EU’s decision to impose tariffs on Chinese electric vehicles.
Although Reynolds was also worried about this, he did not plan to immediately launch an investigation into Chinese electric vehicles.
It is said that the British auto industry has not formally requested the British Trade Relief Agency to conduct a countervailing investigation into Chinese electric vehicles.
At the same time, the media has also given its own view: China’s electric vehicles bring more opportunities than threats.
Data shows that the UK will export a total of about 700,000 vehicles in 2023, of which 7% will be sold to China, and 60% will be exported to the European Union, including Nissan, Jaguar Land Rover and MINI models.
The domestic electric vehicle market in the UK is mainly dominated by Tesla, BMW and SAIC MG lead the way.
It is worth mentioning that a few days ago, the 27 member states of the European Union failed to reach an agreement on whether to support the imposition of additional tariffs on Chinese electric vehicles.
Sources said that 12 of the EU member states support the imposition of additional tariffs, only 4 countries opposed it, and another 11 member states abstained.
Among them, France and Italy insisted on voting in favor, Hungary voted against it, while Germany and Sweden abstained.
It should be noted that abstention actually means support for the European Commission to impose high tariffs.
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