European Union announces higher tariffs of up to 38% on Chinese EVs

Published 9 mins agoThe European Union on Wednesday said it would impose higher tariffs on Chinese electric vehicles from next month.

In a statement, the EU said it is imposing a 38.1% tariff on battery electric vehicle producers who did not cooperate with its investigation, and a lower 21% duty on carmakers in the Asian country who complied but have not been"sampled." The European Union on Wednesday said it would slap higher tariffs on Chinese electric vehicle imports, which it found benefit"heavily from unfair subsidies" and pose a"threat of economic injury" to EU EV producers.In a statement, the EU said it is imposing a 38.1% tariff on battery electric vehicle producers who did not cooperate with its investigation, and a lower 21% duty on carmakers in the Asian country who complied but have not been"sampled.

Main Chinese BEV producer BYD was struck with a 17.4% tarrif, with Geely slapped with a 20% duty. The EU has also imposed its 38.1% tariff on SAIC.All three producers were sampled in the EU probe.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

European Union announces higher tariffs of up to 38% on Chinese EVsThe EU on Wednesday said it would impose higher tariffs on Chinese electric vehicles from next month as trade tariffs between the West and China come to a head.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

The European Union threatens to hike tariffs on Chinese electric car imports, escalating trade spatThe European Union has threatened to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing’s subsidies for the exports that Brussels worries is hurting domestic automakers.
Fonte: AP - 🏆 728. / 51 Leggi di più »

The European Union threatens to hike tariffs on Chinese electric car imports, escalating trade spatThe European Union has threatened to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing’s subsidies for the exports that Brussels worries is hurting domestic automakers.
Fonte: wjxt4 - 🏆 246. / 63 Leggi di più »

The European Union threatens to hike tariffs on Chinese electric car imports, escalating trade spatThe European Union has threatened to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing’s subsidies for the exports that Brussels worries is hurting domestic automakers.
Fonte: ksatnews - 🏆 442. / 53 Leggi di più »