UK delays EU reset summit over 'Made in Europe' law that could lock out British firms
The UK has delayed its EU reset summit unless the bloc agrees to discuss the "Made in Europe" law, which could lock British businesses out of key EU industries. The legislation, aimed at curbing China's influence, was not part of the original reset plan. The Industrial Accelerator Act prioritises EU suppliers in sectors like car manufacturing and defence, risking billions in UK trade if British goods are not classified as European. UK ministers have raised the issue with EU officials, but France, which conceived the law, is pushing for its passage by year-end. France is sympathetic to the UK but wants the law enacted first, with allowances for third countries later. Several EU states support UK inclusion, though benefits are seen as asymmetrical. The delay comes as the EU courts Canada with an associate membership offer.