EU Chinese import tariffs could be win-win for UK market

The European Commission's decision to impose tariffs of up to 38.1% on cars produced in China could further boost investment into the UK as a result, according to consultancy Gartner.

The consultancy is expecting the UK government to position itself differently to the stance from Europe and embrace Chinese investment.

The EC’s decision to impose tariffs follows preliminary findings from its anti-subsidy investigation which confirmed its suspicions that Chinese state support is distorting prices.