Jonathan Reynolds

First, let me reiterate my words about the right hon. Member’s constituents and the situation at Ford. I have faced this accusation before, but if anyone thinks the Government are somehow only listening to one part of industry or are responding to special pleading, the announcement by Ford followed by what we have had from Stellantis this week is proof that we do need to move, to listen and to look at some of the policies we inherited and make sure they are working as they should. I reiterate my earlier comments to the Chair of the Select Committee. We have not changed the Trade Remedies Authority and the system we inherited. If Ford or any other company wants to make a referral against unfair competitive practices, it can do that, but such a request has not come from any part of the industry to date. I would not for a second describe the Chinese economy as one that operates on the market principles with which we are familiar, but we have to be aware that the fundamental threat from China comes from its commitment to research and development, innovation, high-tech solutions and being able to manufacture at scale. We are kidding ourselves if we think the threat is just unfair competition. That economy has an incredible level of ambition for the future, which is why we have to raise our game as well.