Tariffs
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Germany to vote against EU tariffs on Chinese electric vehicles: sources
GERMANY on Friday (Oct 4) will vote against the introduction of European Union tariffs on Chinese electric vehicles, sources with knowledge of the matter said on Thursday. Germany abstained in…
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EU has enough support to impose Chinese EV tariffs: sources
FRANCE, Greece, Italy and Poland will vote on Friday (Oct 4) in favour of tariffs of up to 45 per cent on imports of electric vehicles (EVs) made in China,…
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EU says it could continue China EV talks even after tariffs
THE European Commission is willing to continue negotiating with China a potential deal to avert tariffs on Chinese electric vehicles even after such tariffs are imposed, a senior EU official…
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Chinese automaker BYD seeks further easing of Mexico EV tariffs
CHINESE automaker BYD is seeking an extension of tariff relief for electric vehicle imports from Mexico’s government, an executive told newspaper Reforma in an interview published on Friday (Sep 27),…
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Trump Vows To Impose 100% Tariffs On Mexican Cars If Elected But Experts Warn Of Rising Costs
Tensions between Mexico and the U.S. have been simmering for months and Mexican president López Obrador accused the U.S. last week of being partially responsible for the violence which currently…
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China’s Chery delays plan to build EVs in Spain on EU tariffs
CHERY Automobile has pushed back a goal to bring electric-vehicle (EV) production to Europe by a year, after the European Union (EU) imposed provisional tariffs on EV imports from China. …
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Chinese EV maker Nio slams ‘unreasonable’ US, EU tariffs
NIO founder William Li hit out at the European Union and the US, saying their moves to level tariffs on electric cars are unreasonable and urged them to cooperate with,…
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EU-China EV talks to continue even if bloc approves tariffs
THE European Union and China will continue negotiations to find an alternative solution to tariffs even if member states vote in the coming days to impose levies on electric vehicles…
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Donald Trump Threatens John Deere With 200% Tariffs If It Moves Manufacturing To Mexico
Former president Donald Trump threatened John Deere with a 200% tariff if the agriculture machinery maker would move production to its factories in Mexico. CNBC revealed that Trump aired his…
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Angry French Cognac Makers See Red Over Chinese Tariffs Threat
Frustrated cognac producers in southwestern France are growing increasingly anxious over the looming threat of Chinese tariffs on European brandy, a move industry representatives worry could force French liquor from…
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EV tariffs will damage Germany, China, says Chinese commerce minister
CHINA’S commerce minister said the European Union’s imposition of tariffs on electric vehicles (EV) will “seriously interfere” with trade and investment cooperation and hurt both China and Germany. In talks…
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Singapore-listed Malaysian glove makers get a boost as US raises tariffs on China gloves
MARKET watchers are optimistic on the prospects of Malaysia’s glove making sector as the US looks to impose higher tariffs on Chinese gloves. This follows the United States Trade Representative’s…
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Malaysia glove maker shares surge as US finalises China tariffs
Malaysia glove maker shares including Top Glove after the US was expected to finalise tariffs on Chinese goods this month. Top Glove jumped as much as 32 per cent, the…
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Germany lines up with Spain against EU tariffs on Chinese EVs
GERMAN Chancellor Olaf Scholz joined Spanish Prime Minister Pedro Sanchez in calling for the European Union to drop its plan to impose extra tariffs on Chinese-made electric vehicles (EVs), potentially…
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Spain PM Urges EU To ‘Reconsider’ China EV Tariffs Plan
Spain’s Prime Minister Pedro Sanchez said Wednesday the European Union should “reconsider” a plan to impose tariffs of up to 36 percent on Chinese electric cars, calling for a “compromise”…
