Tariffs
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EU To Slap Extra Tariffs Of Up To 38% On Chinese Electric Cars
The European Union threatened on Wednesday to hit Chinese electric car imports with additional tariffs of up to 38 percent from next month following an anti-subsidy probe, a move that…
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EU to impose multi-billion-euro tariffs on Chinese EVs: FT
THE European Commission will notify car makers on Wednesday that it will provisionally apply additional duties of up to 25 per cent on imported Chinese electric vehicles from next month,…
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EU to slap tariffs of up to 48% on EV imports from China
THE European Union (EU) will impose extra tariffs on electric cars shipped from China as of next month, taking levies to as much as 48 per cent in a move…
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Australian wine exports to China rocket after Beijing drops tariffs
AUSTRALIAN wine makers shipped wine worth A$86 million (S$77 million) to China in the month after Beijing lifted tariffs and should be confident of bumper sales going forward, the trade…
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European nations compete for Chinese EV factories, jobs even as EU weighs tariffs
EUROPEAN governments may be wary of budget Chinese electric vehicles (EVs) flooding their markets but they’re also fiercely competing for a share of the manufacturing investment and jobs the new…
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Elon Musk now says he opposes US tariffs on Chinese EVs
TESLA founder Elon Musk told tech investors in Paris on Thursday he opposed US tariffs on Chinese electric vehicles (EVs), an about-face from his January warning that trade barriers were…
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Volkswagen says cost cuts not tariffs will protect Europe from Chinese EVs
VOLKSWAGEN (VW) said higher import tariffs for Chinese-made electric vehicles (EVs) in the European Union will offer only a short respite, with lower costs necessary to stay competitive over the…
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Electric vehicle tariffs are a trap, says Stellantis CEO
STELLANTIS expects a major battle with Chinese rivals in the European market for electric vehicles (EVs), warning of significant consequences for jobs and production as a result, the group’s chief…
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Australia wants businesses to diversify after China scraps wine tariffs
AUSTRALIA’S government has warned businesses against relying solely on China for their economic success after Beijing decided to scrap heavy tariffs on Australian wine exports this week. Assistant Minister for…
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China to end punitive tariffs on Australian wine on Friday
CHINA’S commerce ministry said on Thursday (Mar 28) it was lifting punitive tariffs on Australian wine, as trade ties improve between the two countries after years of tension. “In view…
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China lifts tariffs on Australian wine, ends three-year freeze in trade
CHINA will lift anti-dumping and anti-subsidy tariffs on Australian wine from Mar 29, China’s Commerce Ministry said on Thursday (Mar 28), ending three years of punitive levies and offering long-awaited…
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Australian Wine Industry Toasts Expected End To China Tariffs
The Australian wine industry welcomed news on Wednesday that China could begin lifting punitive tariffs within weeks, raising hopes that the country’s red wine glut will soon ease. China imposed…
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EU set to allow possible retroactive tariffs for Chinese EVs
THE European Commission plans to start customs registration of Chinese electric vehicle (EV) imports, meaning they could be hit by tariffs from that point if the European Union’s (EU) trade…
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UK And EU Agree Delay To Post-Brexit Electric Car Tariffs
British Prime Minister Rishi Sunak on Thursday hailed a deal with the European Union to delay post-Brexit tariffs on electric vehicle sales that were due to kick in from January.…