Economy and macroUpdated 5h ago

UK carmakers prepare to press for a two-year delay

UK carmakers are preparing to press for a two-year delay, after an initial EU proposal suggested a shorter extension. The push comes ahead of the January 1 deadline, when most electric cars traded between the UK and EU face a 10% tariff unless the two sides delay battery rules of origin again. The two-year figure is the industry’s ask, not an agreed duration.

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