FRANKFURT, Nov. 1 (Xinhua) -- The EU's decision to impose tariffs on Chinese electric vehicles (EVs) is "foolish" and "out of touch with reality," a German auto expert has said. The EU is turning the European Green Deal into a "black deal" by slapping tariffs on Chinese EVs, which...
Belgium, Sept. 19, 2024. European countries and auto industry leaders have criticized the EU's push for punitive tariffs on Chinese electric vehicles (EVs), warning the move could boomerang and, in turn, hurt the EU's competitiveness.
The European Commission has ordered a provisional hike to tariffs on Chinese manufacturers including BYD. The European Union warned on Wednesday it would slap additional tariffs of up to 38 percent on Chinese electric car imports from next month after an anti-subsidy probe, a move that risks prov...
“Trade conflicts will only bring losers!” Hildegard Mueller, president of the German Association of the Automotive Industry, told Xinhua News Agency on the 4th that the EU’s tariffs on Chinese electric vehicles will have an adverse impact on the European automotive industry, and even cause...
The US and China have been recently trading barbs over Chinese electric vehicles (EVs). The US accuses Chinese EVs of overcapacity, claiming they disrupt both the US and global markets and pose risks, including information security concerns. The US has unilaterally imposed a 100 per cent tariff...
A 100% tariff on electric vehicles made in China is being introduced, as well as further tariffs on steel and aluminium. Tuesday 14 May 2024 18:28, UK Joe Biden USA This is a modal window. Video Unavailable US president Joe Biden announces a series of new tariffs on Chinese goods....
The European Commission announced on Wednesday that Chinese-made battery electric vehicles will soon be subjected to punitive countervailing tariffs following its anti-subsidy investigation launched in October. The commission said it "has provisionally concluded that the BEVs (battery electric vehicles) val...
On 12 June 2024, the European Commission announced plans to introduce provisional anti‑subsidy duties on Chinese‑imported electric cars. The additional tariffs range from 17.1 percent to 38.1 percent and are added on top of the EU’s standard 10 percent duty on Chinese electric vehicles (EVs...
The tariffs, which have historically proven "harmful" to the global economy, will continue to negatively impact the electric automotive industry. ZAGREB, May 30 (Xinhua) -- The European Union's (EU) high tariffs on Chinese electric vehicles (EVs) could negatively impact the long-term development...
Photo credit: Shutterstock The US is likely to impose a 100% tariff on Chinese electric cars, a 4x jump from the current 25% rate,sources toldFinancial Times(FT). The hike, along with tariffs on other greentech products from overseas, is expected to be announced soon, the report noted. ...