FT: the EU requires Britain to increase duties on Chinese cars

The European Union is demanding that the UK raise tariffs on Chinese cars and align its trade policy with the European one. This was reported by the Financial Times (FT), citing sources. According to them, the European Union reacted to the statement of British Prime Minister Andy Burnham that the country will seek recognition as a “reliable partner” of the EU and equal access of its goods to the European market.

Mr. Burnham’s statement is connected, in particular, with the EU’s plans to introduce a category of goods made in Europe (“Made in Europe”). Many of these products will have restrictions on Chinese components. British companies fear the new rules could limit equal access to the European market.

A customs union would be the best solution to all the problems associated with Made in Europe. There is also the question of the difference in duties due to concerns that the Chinese may bypass our duties by sending goods through the UK, the FT quoted a document prepared by the EU as saying.

Earlier this week, former British Prime Minister Tony Blair said the country should work to return to the European Union within ten years. Andy Burnham also said that he did not rule out the possibility of returning the country to the EU.

Jana Christmas