UK, Japan and Turkey are seeking deals to include their car-making sectors in the EU's Made in Europe rules, according to FT
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UK, Japan and Turkey are seeking deals to include their car-making sectors in the EU's Made in Europe rules, according to FT
FT writes "EU’s ‘Made in Europe’ policy spooks British industry"
ECB staff committee urged for clarification whether President Lagarde will leave before the end of the term, warning that prolonged uncertainty risk damaging trust in the institution, according to FT
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Local content and rules-of-origin regimes of this kind have a long history of spawning exactly this sort of carve-out diplomacy: once a bloc sets domestic-content thresholds, third countries with integrated supply chains into that bloc tend to seek equivalence or cumulation arrangements rather than accept exclusion, and past episodes of this kind have produced bilateral fixes on a case-by-case basis rather than any general softening of the underlying rule. The tell for how real the pressure is lies in the petitioner list: Turkey sits inside a customs union with the EU, Japan has an existing trade agreement, and the UK has a post-departure trade deal whose rules-of-origin provisions for vehicles have already been renegotiated once under industry pressure, so all three have prior form in securing automotive accommodations. The transmission channel is concrete: vehicles and components that fail content tests face tariff treatment or exclusion from incentive schemes, which redirects sourcing decisions and plant economics rather than moving spot prices. What is worth watching is whether Brussels treats these as a single negotiation or separate tracks, since cumulation granted to one petitioner typically becomes a precedent the others cite, and whether domestic EU carmakers lobby against generous treatment given they are the rule's intended beneficiaries. As an FT-sourced report of seeking rather than concluding deals, this is early-stage positioning, and the sequence in comparable episodes runs from leak, to formal request, to technical talks that can stretch over an extended period.
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