Geopolitics Alpha

No 10 leaves option open to impose Chinese EV tariffs if UK joins EU scheme

Published . Updated .

Beijing warns against ‘discriminatory’ step after France drops opposition to British role in Made in Europe package No 10 has left the door open to imposing tariffs on Chinese-made electric vehicles as part of the Made in Europe package, prompting a warning from Beijing that such a move would be “discriminatory”. Downing Street said on Friday that it would “welcome the objective to have the UK included in the Industrial Accelerator Act” after France dropped its opposition to Britain joining the scheme . Continue reading...

Directly affected

  • No company is named in this report.

Indirectly affected

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman

    Defense contractors get more work when conflict spending rises

  • GD General Dynamics

    Defense contractors get more work when conflict spending rises

  • AAPL Apple

    Sales and supply chains are exposed to a new tariff

  • NKE Nike

    Sales and supply chains are exposed to a new tariff

  • XLI Industrial Select Sector SPDR

    A fund of industrial companies

  • CAT Caterpillar

    A large machinery maker

  • ITA iShares U.S. Aerospace & Defense

    A fund of aerospace and defense companies

  • BA Boeing

    Defense and aerospace orders move with conflict spending

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
LMT———————
RTX———————
NOC———————
GD———————
AAPL———————
NKE———————
XLI———————
CAT———————
ITA———————
BA———————

Beijing warns against ‘discriminatory’ step after France drops opposition to British role in Made in Europe package No 10 has left the door open to imposing tariffs on Chinese-made electric vehicles as part of the Made in Europe package, p…

Source: The Guardian

Defense

SPY
XLI

How solid the defense case looks

12 out of 100

“No 10 leaves option open to impose Chinese EV tariffs if UK joins EU scheme” scores 12 out of 100. The score uses 1 sources.