Etiqueta: Tariffs

China should raise its import tariffs on large gasoline-powered cars to 25%, a government-affiliated auto research body expert told China's Global Times newspaper as the country faces sharply higher U.S. auto import duties and possibly additional duties to enter the European Union

President Biden's recent remarks about Americans being able to choose any car they want clash with his EPA's new stringent emissions standards, critics say.

It’s no easy feat.

The Biden administration's plan to slap heavy new tariffs on Chinese electric vehicles and batteries would provide temporary protection for U.S. auto jobs, potentially at the expense of White House efforts to fight climate change by accelerating U.S. EV adoption.

Years of under-investment in electric vehicle technologies and supply chains have left European carmakers struggling to keep up with their Chinese competitors. But even as the EU debates putting up trade…

Superficially in the recent period the U.S. has attempted to display two apparently contradictory sides of its policy to China.

The chair of the Senate Banking Committee on Thursday urged President Joe Biden to block Chinese-made vehicles from the United States auto market, marking the strongest call yet for action against China's automakers by a U.S. lawmaker.

Platinum group metals (PGMs) have various industrial uses, such as in catalytic converters, electronics, chemical processes, and more. As industries grow...

"This is a big concern for us, so the first quarter for sure will be a difficult quarter for Volkswagen," CEO Herbert Diess said at Davos.