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UK business secretary weighs up tariffs on Chinese EVs

Financial Times Companies ·

🇬🇧 English

Business secretary Jonathan Reynolds says higher UK tariffs on Chinese electric vehicles are “under review” but not yet approved, as he balances pressure from the EU and concerns over damage to UK car exports. Officials are preparing a package of potential duties amid growing EU demands for UK alignment with EU trade policy to avoid “Made in Europe” barriers affecting key exports like Jaguar Land Rover. The EU warns Britain must raise tariffs and match EU trade rules to prevent trade friction, while the UK’s new Industrial Accelerator Act seeks to protect European industry from cheap Chinese imports.

Sam Lowe of Flint Global notes Brussels fears Chinese EV exports erode European market share and that Chinese investment could enable a backdoor into the EU via “Made in Europe.” The UK currently applies a 10 per cent duty on Chinese EVs, versus the EU’s 45 per cent and the US’s 100 per cent. Reynolds argues tariffs could help Nissan but risk harming JLR and other exporters reliant on Chinese markets, stressing Britain’s export-led economy differs from the EU’s. Chinese brands like BYD, Chery, and Geely now make up over 20 per cent of UK EV sales, with the Jaecoo 7 topping monthly registrations.

Nissan warns the UK could become a corridor for Chinese EVs into Europe.

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🇸🇦 العربية

المملكة المتحدة تزن فرض رسوم على المركبات الكهربائية الصينية

Business secretary Jonathan Reynolds says higher UK tariffs on Chinese electric vehicles are “under review” but not yet approved, as he balances pressure from the EU and concerns over damage to UK car exports. Officials are preparing a package of potential duties amid growing EU demands for UK alignment with EU trade policy to avoid “Made in Europe” barriers affecting key exports like Jaguar Land Rover. The EU warns Britain must raise tariffs and match EU trade rules to prevent trade friction, while the UK’s new Industrial Accelerator Act seeks to protect European industry from cheap Chinese imports.

Sam Lowe of Flint Global notes Brussels fears Chinese EV exports erode European market share and that Chinese investment could enable a backdoor into the EU via “Made in Europe.” The UK currently applies a 10 per cent duty on Chinese EVs, versus the EU’s 45 per cent and the US’s 100 per cent. Reynolds argues tariffs could help Nissan but risk harming JLR and other exporters reliant on Chinese markets, stressing Britain’s export-led economy differs from the EU’s. Chinese brands like BYD, Chery, and Geely now make up over 20 per cent of UK EV sales, with the Jaecoo 7 topping monthly registrations.

Nissan warns the UK could become a corridor for Chinese EVs into Europe.

لماذا تفكر المملكة المتحدة في فرض رسوم على المركبات الكهربائية الصينية؟

تفكر المملكة المتحدة في فرض رسوم بسبب الضغط من الاتحاد الأوروبي لمحاذاة سياساتها مع سياسة التجارة الأوروبية والمخاوف من أن واردات المركبات الكهربائية الصينية تستحوذ على حصة سوقية من المصنعين الأوروبيين وقد تضعف صادرات السيارات في المملكة المتحدة، لا سيما الشركات التي تعتمد على الأسواق الصينية مثل جاكوار لاند روفر.

العربية version →


🇧🇩 বাংলা

যুক্তরাজ্য চীনা ইলেকট্রিক যানবাহনের উপর শুল্কের ওজন তোলছে

Business secretary Jonathan Reynolds says higher UK tariffs on Chinese electric vehicles are “under review” but not yet approved, as he balances pressure from the EU and concerns over damage to UK car exports. Officials are preparing a package of potential duties amid growing EU demands for UK alignment with EU trade policy to avoid “Made in Europe” barriers affecting key exports like Jaguar Land Rover. The EU warns Britain must raise tariffs and match EU trade rules to prevent trade friction, while the UK’s new Industrial Accelerator Act seeks to protect European industry from cheap Chinese imports.

Sam Lowe of Flint Global notes Brussels fears Chinese EV exports erode European market share and that Chinese investment could enable a backdoor into the EU via “Made in Europe.” The UK currently applies a 10 per cent duty on Chinese EVs, versus the EU’s 45 per cent and the US’s 100 per cent. Reynolds argues tariffs could help Nissan but risk harming JLR and other exporters reliant on Chinese markets, stressing Britain’s export-led economy differs from the EU’s. Chinese brands like BYD, Chery, and Geely now make up over 20 per cent of UK EV sales, with the Jaecoo 7 topping monthly registrations.

Nissan warns the UK could become a corridor for Chinese EVs into Europe.

যুক্তরাজ্য কেন চীনা ইলেকট্রিক যানবাহনের উপর শुल্ক বিবেচনা করছে?

যুক্তরাজ্য ইউরোপীয় ইউনিয়নের চাপের কারণে ইউরোপীয় বাণিজ্য নীতির সাথে সমন্বয় করতে এবং চীনা ইলেকট্রিক যানবাহন আমদানির ইউরোপীয় উত্পাদকদের বাজার অংশ ধরে নেওয়ার এবং যুক্তরাজ্যের অটোমোটিভ এক্সপোর্টকে দুর্বল করতে পারে এমন চিন্তার কারণে শुल্ক বিবেচনা করছে, বিশেষ করে চীনা বাজারের উপর নির্ভরশীল কোম্পানিগুলো যেমন জাগুয়ার ল্যান্ড রোভারকে প্রভাবিত করে।

বাংলা version →


🇩🇪 Deutsch

Vereinigtes Königreich erwägt Zölle auf chinesische Elektrofahrzeuge

Business secretary Jonathan Reynolds says higher UK tariffs on Chinese electric vehicles are “under review” but not yet approved, as he balances pressure from the EU and concerns over damage to UK car exports. Officials are preparing a package of potential duties amid growing EU demands for UK alignment with EU trade policy to avoid “Made in Europe” barriers affecting key exports like Jaguar Land Rover. The EU warns Britain must raise tariffs and match EU trade rules to prevent trade friction, while the UK’s new Industrial Accelerator Act seeks to protect European industry from cheap Chinese imports.

Sam Lowe of Flint Global notes Brussels fears Chinese EV exports erode European market share and that Chinese investment could enable a backdoor into the EU via “Made in Europe.” The UK currently applies a 10 per cent duty on Chinese EVs, versus the EU’s 45 per cent and the US’s 100 per cent. Reynolds argues tariffs could help Nissan but risk harming JLR and other exporters reliant on Chinese markets, stressing Britain’s export-led economy differs from the EU’s. Chinese brands like BYD, Chery, and Geely now make up over 20 per cent of UK EV sales, with the Jaecoo 7 topping monthly registrations.

Nissan warns the UK could become a corridor for Chinese EVs into Europe.

Warum erwägt das Vereinigte Königreich Zölle auf chinesische Elektrofahrzeuge?

Das Vereinigte Königreich erwägt Zölle aufgrund des Drucks der EU, sich an die europäische Handelspolitik anzupassen, und aufgrund von Bedenken, dass die Importe chinesischer Elektrofahrzeuge Marktanteile bei europäischen Herstellern gewinnen und den britischen Automobilexport schwächen könnten, insbesondere Unternehmen wie Jaguar Land Rover, die auf chinesische Märkte angewiesen sind.

Deutsch version →


🇪🇸 Español

El Reino Unido evalúa aranceles a los vehículos eléctricos chinos

Business secretary Jonathan Reynolds says higher UK tariffs on Chinese electric vehicles are “under review” but not yet approved, as he balances pressure from the EU and concerns over damage to UK car exports. Officials are preparing a package of potential duties amid growing EU demands for UK alignment with EU trade policy to avoid “Made in Europe” barriers affecting key exports like Jaguar Land Rover. The EU warns Britain must raise tariffs and match EU trade rules to prevent trade friction, while the UK’s new Industrial Accelerator Act seeks to protect European industry from cheap Chinese imports.

Sam Lowe of Flint Global notes Brussels fears Chinese EV exports erode European market share and that Chinese investment could enable a backdoor into the EU via “Made in Europe.” The UK currently applies a 10 per cent duty on Chinese EVs, versus the EU’s 45 per cent and the US’s 100 per cent. Reynolds argues tariffs could help Nissan but risk harming JLR and other exporters reliant on Chinese markets, stressing Britain’s export-led economy differs from the EU’s. Chinese brands like BYD, Chery, and Geely now make up over 20 per cent of UK EV sales, with the Jaecoo 7 topping monthly registrations.

Nissan warns the UK could become a corridor for Chinese EVs into Europe.

¿Por qué el Reino Unido está considerando aranceles a los vehículos eléctricos chinos?

El Reino Unido está considerando aranceles debido a la presión de la UE para alinearse con la política comercial europea y las preocupaciones de que las importaciones de vehículos eléctricos chinos estén capturando cuota de mercado de los fabricantes europeos y podrían socavar las exportaciones automotrices del Reino Unido, afectando particularmente a empresas como Jaguar Land Rover que dependen de los mercados chinos.

Español version →


🇫🇷 Français

Le Royaume-Uni envisage des tarifs sur les véhicules électriques chinois

Business secretary Jonathan Reynolds says higher UK tariffs on Chinese electric vehicles are “under review” but not yet approved, as he balances pressure from the EU and concerns over damage to UK car exports. Officials are preparing a package of potential duties amid growing EU demands for UK alignment with EU trade policy to avoid “Made in Europe” barriers affecting key exports like Jaguar Land Rover. The EU warns Britain must raise tariffs and match EU trade rules to prevent trade friction, while the UK’s new Industrial Accelerator Act seeks to protect European industry from cheap Chinese imports.

Sam Lowe of Flint Global notes Brussels fears Chinese EV exports erode European market share and that Chinese investment could enable a backdoor into the EU via “Made in Europe.” The UK currently applies a 10 per cent duty on Chinese EVs, versus the EU’s 45 per cent and the US’s 100 per cent. Reynolds argues tariffs could help Nissan but risk harming JLR and other exporters reliant on Chinese markets, stressing Britain’s export-led economy differs from the EU’s. Chinese brands like BYD, Chery, and Geely now make up over 20 per cent of UK EV sales, with the Jaecoo 7 topping monthly registrations.

Nissan warns the UK could become a corridor for Chinese EVs into Europe.

Pourquoi le Royaume-Uni envisage-t-il des tarifs sur les véhicules électriques chinois ?

Le Royaume-Uni envisage des tarifs en raison de la pression de l'UE pour s'aligner sur la politique commerciale européenne et des inquiétudes selon lesquelles les importations de véhicules électriques chinois gagneraient des parts de marché aux fabricants européens et pourraient compromettre les exportations automobiles du Royaume-Uni, en particulier affectant des entreprises comme Jaguar Land Rover qui dépendent des marchés chinois.

Français version →


🇮🇳 हिन्दी

यूके चीनी इलेक्ट्रिक वाहनों पर शुल्क का आकलन कर रहा है

Business secretary Jonathan Reynolds says higher UK tariffs on Chinese electric vehicles are “under review” but not yet approved, as he balances pressure from the EU and concerns over damage to UK car exports. Officials are preparing a package of potential duties amid growing EU demands for UK alignment with EU trade policy to avoid “Made in Europe” barriers affecting key exports like Jaguar Land Rover. The EU warns Britain must raise tariffs and match EU trade rules to prevent trade friction, while the UK’s new Industrial Accelerator Act seeks to protect European industry from cheap Chinese imports.

Sam Lowe of Flint Global notes Brussels fears Chinese EV exports erode European market share and that Chinese investment could enable a backdoor into the EU via “Made in Europe.” The UK currently applies a 10 per cent duty on Chinese EVs, versus the EU’s 45 per cent and the US’s 100 per cent. Reynolds argues tariffs could help Nissan but risk harming JLR and other exporters reliant on Chinese markets, stressing Britain’s export-led economy differs from the EU’s. Chinese brands like BYD, Chery, and Geely now make up over 20 per cent of UK EV sales, with the Jaecoo 7 topping monthly registrations.

Nissan warns the UK could become a corridor for Chinese EVs into Europe.

यूके चीनी इलेक्ट्रिक वाहनों पर शुल्क क्यों विचार कर रहा है?

यूके यूरोपीय संघ के दबाव के कारण यूरोपीय व्यापार नीति के साथ संरेखित होने और चिंता के कारण कि चीनी इलेक्ट्रिक वाहन आयात यूरोपीय निर्माताओं से बाजार हिस्सेदारी हासिल कर रहे हैं और यूके के ऑटोमोटिव निर्यात को कमजोर कर सकते हैं, विशेष रूप से उन कंपनियों को प्रभावित करते हैं जो चीनी बाजारों पर निर्भर हैं, जैसे जागुआर लैंड रोवर।

हिन्दी version →


🇮🇩 Bahasa Indonesia

Britania Menimbang Tarif atas Kendaraan Listrik China

Business secretary Jonathan Reynolds says higher UK tariffs on Chinese electric vehicles are “under review” but not yet approved, as he balances pressure from the EU and concerns over damage to UK car exports. Officials are preparing a package of potential duties amid growing EU demands for UK alignment with EU trade policy to avoid “Made in Europe” barriers affecting key exports like Jaguar Land Rover. The EU warns Britain must raise tariffs and match EU trade rules to prevent trade friction, while the UK’s new Industrial Accelerator Act seeks to protect European industry from cheap Chinese imports.

Sam Lowe of Flint Global notes Brussels fears Chinese EV exports erode European market share and that Chinese investment could enable a backdoor into the EU via “Made in Europe.” The UK currently applies a 10 per cent duty on Chinese EVs, versus the EU’s 45 per cent and the US’s 100 per cent. Reynolds argues tariffs could help Nissan but risk harming JLR and other exporters reliant on Chinese markets, stressing Britain’s export-led economy differs from the EU’s. Chinese brands like BYD, Chery, and Geely now make up over 20 per cent of UK EV sales, with the Jaecoo 7 topping monthly registrations.

Nissan warns the UK could become a corridor for Chinese EVs into Europe.

Mengapa Britania mempertimbangkan pemajukan tarif atas kendaraan listrik China?

Britania mempertimbangkan tarif karena tekanan dari Uni Eropa untuk menyelaraskan dengan kebijakan perdagangan Eropa dan karena kekhawatiran bahwa impor kendaraan listrik China akan merebut pangsa pasar dari produsen Eropa dan dapat merusak ekspor otomotif Britania, terutama memengaruhi perusahaan seperti Jaguar Land Rover yang bergantung pada pasar China.

Bahasa Indonesia version →


🇯🇵 日本語

英国、中国製EVへの関税を検討中

Business secretary Jonathan Reynolds says higher UK tariffs on Chinese electric vehicles are “under review” but not yet approved, as he balances pressure from the EU and concerns over damage to UK car exports. Officials are preparing a package of potential duties amid growing EU demands for UK alignment with EU trade policy to avoid “Made in Europe” barriers affecting key exports like Jaguar Land Rover. The EU warns Britain must raise tariffs and match EU trade rules to prevent trade friction, while the UK’s new Industrial Accelerator Act seeks to protect European industry from cheap Chinese imports.

Sam Lowe of Flint Global notes Brussels fears Chinese EV exports erode European market share and that Chinese investment could enable a backdoor into the EU via “Made in Europe.” The UK currently applies a 10 per cent duty on Chinese EVs, versus the EU’s 45 per cent and the US’s 100 per cent. Reynolds argues tariffs could help Nissan but risk harming JLR and other exporters reliant on Chinese markets, stressing Britain’s export-led economy differs from the EU’s. Chinese brands like BYD, Chery, and Geely now make up over 20 per cent of UK EV sales, with the Jaecoo 7 topping monthly registrations.

Nissan warns the UK could become a corridor for Chinese EVs into Europe.

なぜ英国は中国製電気自動車に関税を検討しているのか?

英国はEUからの圧力によりヨーロッパの貿易政策に合わせる必要があり、中国製EVの輸入がヨーロッパメーカーの市場シェアを奪い、特に中国市場に依存しているジャガー・ランドローバーなどの企業に影響を与える可能性がある英国の自動車輸出を損なう懸念から、関税を検討している。

日本語 version →


🇧🇷 Português

Reino Unido pondera tarifas sobre veículos elétricos chineses

Business secretary Jonathan Reynolds says higher UK tariffs on Chinese electric vehicles are “under review” but not yet approved, as he balances pressure from the EU and concerns over damage to UK car exports. Officials are preparing a package of potential duties amid growing EU demands for UK alignment with EU trade policy to avoid “Made in Europe” barriers affecting key exports like Jaguar Land Rover. The EU warns Britain must raise tariffs and match EU trade rules to prevent trade friction, while the UK’s new Industrial Accelerator Act seeks to protect European industry from cheap Chinese imports.

Sam Lowe of Flint Global notes Brussels fears Chinese EV exports erode European market share and that Chinese investment could enable a backdoor into the EU via “Made in Europe.” The UK currently applies a 10 per cent duty on Chinese EVs, versus the EU’s 45 per cent and the US’s 100 per cent. Reynolds argues tariffs could help Nissan but risk harming JLR and other exporters reliant on Chinese markets, stressing Britain’s export-led economy differs from the EU’s. Chinese brands like BYD, Chery, and Geely now make up over 20 per cent of UK EV sales, with the Jaecoo 7 topping monthly registrations.

Nissan warns the UK could become a corridor for Chinese EVs into Europe.

Por que o Reino Unido está considerando tarifas sobre veículos elétricos chineses?

O Reino Unido está considerando tarifas devido à pressão da UE para alinhar-se com a política comercial europeia e às preocupações de que as importações de veículos elétricos chineses estejam capturando participação de mercado dos fabricantes europeus e possam prejudicar as exportações automotivas do Reino Unido, afetando particularmente empresas como Jaguar Land Rover que dependem dos mercados chineses.

Português version →


🇷🇺 Русский

Великобритания рассматривает тарифы на китайские электромобили

Business secretary Jonathan Reynolds says higher UK tariffs on Chinese electric vehicles are “under review” but not yet approved, as he balances pressure from the EU and concerns over damage to UK car exports. Officials are preparing a package of potential duties amid growing EU demands for UK alignment with EU trade policy to avoid “Made in Europe” barriers affecting key exports like Jaguar Land Rover. The EU warns Britain must raise tariffs and match EU trade rules to prevent trade friction, while the UK’s new Industrial Accelerator Act seeks to protect European industry from cheap Chinese imports.

Sam Lowe of Flint Global notes Brussels fears Chinese EV exports erode European market share and that Chinese investment could enable a backdoor into the EU via “Made in Europe.” The UK currently applies a 10 per cent duty on Chinese EVs, versus the EU’s 45 per cent and the US’s 100 per cent. Reynolds argues tariffs could help Nissan but risk harming JLR and other exporters reliant on Chinese markets, stressing Britain’s export-led economy differs from the EU’s. Chinese brands like BYD, Chery, and Geely now make up over 20 per cent of UK EV sales, with the Jaecoo 7 topping monthly registrations.

Nissan warns the UK could become a corridor for Chinese EVs into Europe.

Почему Великобритания рассматривает введение тарифов на китайские электромобили?

Великобритания рассматривает тарифы из-за давления со стороны ЕС с целью выравнивания с европейской торговой политикой и из-за опасений, что импорт китайских электромобилей захватывает долю рынка у европейских производителей и может подорвать автомобильный экспорт Великобритании, особенно затрагивая компании вроде Jaguar Land Rover, которые зависят от китайского рынка.

Русский version →


🇨🇳 简体中文

英国权衡对华电动汽车关税

Business secretary Jonathan Reynolds says higher UK tariffs on Chinese electric vehicles are “under review” but not yet approved, as he balances pressure from the EU and concerns over damage to UK car exports. Officials are preparing a package of potential duties amid growing EU demands for UK alignment with EU trade policy to avoid “Made in Europe” barriers affecting key exports like Jaguar Land Rover. The EU warns Britain must raise tariffs and match EU trade rules to prevent trade friction, while the UK’s new Industrial Accelerator Act seeks to protect European industry from cheap Chinese imports.

Sam Lowe of Flint Global notes Brussels fears Chinese EV exports erode European market share and that Chinese investment could enable a backdoor into the EU via “Made in Europe.” The UK currently applies a 10 per cent duty on Chinese EVs, versus the EU’s 45 per cent and the US’s 100 per cent. Reynolds argues tariffs could help Nissan but risk harming JLR and other exporters reliant on Chinese markets, stressing Britain’s export-led economy differs from the EU’s. Chinese brands like BYD, Chery, and Geely now make up over 20 per cent of UK EV sales, with the Jaecoo 7 topping monthly registrations.

Nissan warns the UK could become a corridor for Chinese EVs into Europe.

为什么英国正在考虑对华电动汽车征收关税?

英国正在考虑关税,这是由于欧盟施压要求其与欧洲贸易政策保持一致,以及对中国电动汽车进口正在夺走欧洲制造商市场份额、可能削弱英国汽车出口的担忧,特别是影响像捷豹路虎这样依赖中国市场的公司。

简体中文 version →