UK to take 'robust measures' on certain vehicles as market flooded

  • 📰 nottslive
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 52%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

Transport Secretary Mark Harper has warned that if China tries to undercut competition for electric vehicles in the UK by making prices too low, he will take action.

The UK Government has announced plans for 'robust measures' on certain types of cars. This comes as China aims to dominate the British car market with cheap electric vehicles. Transport Secretary Mark Harper has issued a warning that if China tries to undercut competition in the UK's electric vehicle market by lowering prices too much, he will step in.

"Our concern is about cost and competitiveness," he said. "We have very robust measures in this country with a trade remedies regime... making sure we have fair international trade, and that we don't have dumping or unfair subsidies.", reports Birmingham Live. "Trade remedies may provide temporary protection and allow industries to adjust to changing circumstances." He added: "It may also be true in cases where a domestic industry needs time to develop, such as with new technologies."

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 96. in CH

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen