Is the UK too late to beat the US in the global trade war?

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The US is offering huge incentives to electric car firms, but the UK risks falling behind. …

The presumption that has dominated British politics for nearly half a century that governments do not “pick winners” in industry, is being severely tested by the fact that most G7 allies are doing just that, because of the push to reduce carbon emissions to net zero, post pandemic supply chain concerns and a wish to decouple from China.

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