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

UK Minister for EU Relations, Nick Thomas-Symonds, has cautioned that the EU's proposed "Made in Europe" industrial strategy could negatively impact supply chains. The warning comes as the EU prepares to release new legislation prioritizing European-made products in public procurement and consumer programs. Thomas-Symonds suggests the strategy could create unnecessary trade barriers between the UK and EU member states. He also believes the policy may lead to increased costs for businesses and consumers. The minister's concerns highlight potential challenges arising from the EU's push to bolster its domestic industries.