France is pushing for the UK to be left out of the EU's 'Made in Europe' policy. The plan is meant to help European companies compete with Chinese rivals that get state support. At a meeting of EU industry ministers on Thursday, French industry minister Sebastien Martin said European taxpayers' money should back European factories and workers. France wants the definition of made in Europe to start with the EU's 27 member states. Germany wants a wider rule that includes the UK and other allies.
One key proposal is the Industrial Accelerator Act. It would require public money, such as subsidies and contracts, to favour European products in areas like electric cars and renewable energy. UK mayor Andy Burnham raised the issue with European Commission president Ursula von der Leyen at the UN this week. British firms fear losing out. Sorting it out is now a priority for him. Sweden and the Nordic countries support a wider rule. Ireland, which is leading the talks, hopes for a deal in December. Poland says all the partner countries are still part of the discussion.
The decision affects car plants, jobs and prices in the UK and the EU. It also shapes how closely Britain works with Europe after Brexit. British firms are watching the talks closely.

France is pushing for the UK to be left out of the EU's 'Made in Europe' policy. The plan is meant to help European companies compete with Chinese rivals that get state support. At a meeting of EU industry ministers on Thursday, French industry minister Sebastien Martin said European taxpayers' money should back European factories and workers. France wants the definition of made in Europe to start with the EU's 27 member states. Germany wants a wider rule that includes the UK and other allies.

One key proposal is the Industrial Accelerator Act. It would require public money, such as subsidies and contracts, to favour European products in areas like electric cars and renewable energy. UK mayor Andy Burnham raised the issue with European Commission president Ursula von der Leyen at the UN this week. British firms fear losing out. Sorting it out is now a priority for him. Sweden and the Nordic countries support a wider rule. Ireland, which is leading the talks, hopes for a deal in December. Poland says all the partner countries are still part of the discussion.

The decision affects car plants, jobs and prices in the UK and the EU. It also shapes how closely Britain works with Europe after Brexit. British firms are watching the talks closely.

📰 Source: News Source
theguardian.com ↗
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