Tariffs
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EU Slaps Chinese Electric Cars With Tariffs Of Up To 38%
The European Union on Thursday slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of “unfair” state subsidies, despite Beijing’s warnings the move would…
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India’s Jio, Bharti Airtel hike call tariffs for first time in three years
RELIANCE’S Jio and Bharti Airtel, India’s two largest telecom operators, raised their tariffs for the first time in three years, aiming to begin recouping the billions poured into 5G technology…
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Western tariffs a ‘challenge’ for China’s battery giant CATL
AN EXECUTIVE from China’s battery giant CATL said on Thursday (Jun 27) that Western tariffs tied to electric vehicles present a “challenge” for the firm, and are bad for customers…
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Volvo EV deliveries to the US delayed by higher tariffs on China
VOLVO Cars will postpone United States shipments of its best-selling electric vehicle (EV) model as it shifts production from China in the wake of tariff hikes. The EX30 was due…
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Hedging China EV makers is getting pricey with imminent tariffs
TRADERS are preparing for more swings ahead for shares of Chinese electric vehicle (EV) makers as governments around the world plan new tariffs. The cost of Li Auto options traded…
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China wants EU tariffs on EVs gone by Jul 4 as talks resume
BEIJING wants the European Union to scrap its preliminary tariffs on Chinese electric vehicles (EVs) by Jul 4, China’s state-controlled Global Times reported, after an agreement by both sides to…
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China And EU To Initiate Discussions On Subsidies For Electric Vehicles
China and the European Union have agreed on Saturday to commence consultations regarding the EU’s anti-subsidy investigation into Chinese electric vehicles (EVs). The two parties agreed to initiate consultations regarding…
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EU tariffs on China not a ‘punishment’, says German economy minister
Proposed European Union tariffs on Chinese goods are not a “punishment”, Germany’s Economy Minister Robert Habeck told Chinese officials in Beijing on Saturday (Jun 22). Habeck’s visit to China is…
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China’s BYD, Saic’s MG undecided on EV price hikes due to tariffs: sources
CHINESE carmakers BYD and Saic subsidiary MG have not yet decided whether they will increase prices on electric vehicle (EV) sold in the European Union to offset the impact of…
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Canada prepares potential tariffs on Chinese EVs after US and EU moves
PRIME Minister Justin Trudeau’s government is preparing potential new tariffs on Chinese-made electric vehicles (EVs) to align Canada with actions taken by the United States and European Union, according to…
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Top German Minister On Peace Mission Amid China EV Tariffs Row
Germany’s Vice Chancellor Robert Habeck will arrive in Beijing on Friday on a last-ditch mission to avoid a damaging trade war with China after the EU threatened to slap additional…
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Chinese automakers seek retaliatory tariffs on EU cars, state media reports
CHINESE automakers have urged Beijing to retaliate against Brussels’ decision to place curbs on Chinese electric vehicle (EV) exports by raising tariffs on imported European petrol-powered cars, the state-backed Global…
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Yellen Criticizes Trump’s Tariff Proposal As Harmful To Working Class Americans
U.S. Treasury Secretary Janet Yellen warned on Sunday that former President Donald Trump’s proposal to replace federal income taxes with high tariffs would have severe economic repercussions, making life unaffordable…
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China’s Chery Auto: EU factory will help mitigate EV tariffs
CHERY Auto, China’s largest automaker by export volume, expects its planned production in Europe to help offset the impact of European Union tariffs on imports of China-made electric vehicles, a…
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China urges EU to reverse ‘wrong direction’ on EV tariffs
BEIJING hopes the European Union will reconsider tariffs on Chinese electric vehicles and stop going further in the “wrong direction” to shield its auto industry from competition, according to state…
