Etiqueta: Tariffs

SHARES OF CHINESE EV MAKER BYD SET TO RISE 3.0% IN HONG KONG AFTER EU ANNOUNCES TARIFFS TO SAFEGUARD INTERESTS ...

As retaliation for the EU’s tariffs on Chinese electric vehicles, China could potentially slap duties on things like European pork and dairy products, as well as brandy and luxury goods.

Trade war looms as Brussels hits firms with import charges

The European Commission said it will impose extra duties of up to 38.1% on imported Chinese electric cars from July, risking retaliation from Beijing which said on Wednesday it would take measures to safeguard its interests.

A new electric hot hatch is about to hit the market. The new BYD Seal 06GT was uncovered in China...

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.

After concluding that EVs imported from China have an unfair advantage due to government subsidies, the European Commission said it...

Volkswagen Group has responded to the European Commission's (EU) decision to impose additional tariffs of up to 38% on Chinese EVs, following preliminary results of its anti-subsidy investigation which found that prices are being distorted by Chinese state support.

Brussels' decision to impose tariffs on Chinese electric vehicles will impact companies such as BYD Co (OTC:BYDDF) and SAIC, as well as Tesla Inc (NASDAQ:TSLA), which manufactures in China. Starting next month, the European Commission plans to apply provisional duties of up to 25% on imported Chinese EVs, aiming to counteract the subsidies Chinese manufacturers receive from their government. This measure could escalate to about 35%, significantly lower than the 100% duties applied by the U.S., t

The European Commission said it would impose provisional tariffs that would result in Chinese automakers facing additional duties of as much as 38%, up from the current level of 10%