‘Made in Europe’ EU industrial strategy could hit supply chains, UK minister warns

Nick Thomas-Symonds says move could also create unnecessary UK-EU trade barriers and increase costsBusiness live – latest updatesA British minister has warned that the EU’s “Made in Europe” industrial strategy could hit supply chains, drive up costs and create unnecessary trade barriers between the UK and some members of the bloc.Nick Thomas-Symonds, the UK minister for EU relations, made the comments as the European Union is preparing to publish new legislation which would require European-made products to be prioritised in public procurement and consumer schemes. Continue reading...