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(Reuters) - The European Commission said on Wednesday it would set provisional duties of up to 38.1% on imports of Chinese electric vehicles, a move likely to draw possible retaliation from China.
Just over a year after launching its anti-subsidy probe, the European Commission will set out extra tariffs ranging from 7.8% for Tesla to 35.3% for China's SAIC, on top of the EU's standard 10% ...
European Union: 1.39%: 2021: 5.2%: 2021: 1.49%: 2021: Notes: WB: Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level.
The U.S. is closely aligned with the E.U. on the matter and raised tariffs on products including EVs imported from China in May. U.S. duties on imported EV’s specifically are set to quadruple ...
Other EV manufacturers in China, including Western companies such as Volkswagen and BMW, would be subject to duties of 20.7%. The commission has an “individually calculated” rate for Tesla of 7.8%. The EU’s retaliatory duties have run into opposition in Germany, which has Europe’s biggest economy and is home to major automakers.
The EU’s retaliatory duties have run into opposition in Germany, which has Europe’s biggest economy and is home to major automakers. The head of Germany’s auto industry association, VDA, said the imposition of the tariffs is “a setback for free global trade and so for prosperity, the preservation of jobs and Europe’s growth.”
The steel and aluminum have to be entirely produced in the EU to qualify for duty-free status. [177] [178] [179] A similar system of duty-free quotas was announced on March 22, 2022, for steel and aluminum products from the United Kingdom within historical volumes. An audit regime was agreed upon for Chinese-owned steel companies.
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