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NEWS TAGGED TARIFF
Thursday 20 June 2024
Chinese carmakers urge tariff rise on high-displacement gasoline cars imported from EU
China might move closer to retaliating against the European Union following the bloc's tariff increase on EVs. In a recent closed-door meeting, Chinese automakers pushed its government...
Monday 17 June 2024
How Chinese automakers can respond to EU's new EV tariffs and continue to grow
Chinese EV manufacturers may feel resentment toward the additional tariffs imposed by the EU, but in reality, they still have multiple options to maintain sales growth.
Friday 14 June 2024
What is the real intention behind EU's BEV tariffs on China?
The European Union announced it will impose additional tariffs of up to 38.1% on China-made battery EVs on July 4 if the bloc cannot resolve issues with China. EU member states, the...
Thursday 13 June 2024
China EV makers have room to absorb EU tariffs, find new markets
Chinese electric carmakers may be crying foul over the European Union's imposition of additional tariffs, but they have several options to keep growing, including shifting production...
Thursday 13 June 2024
EU to enforce additional tariffs up to 38.1% on China-made BEVs
The European Commission announced the expected punitive tariffs on China-made battery EVs on June 12.
Wednesday 12 June 2024
European officials say China EV tariffs may be around 25%
The European Commission is due to notify Chinese electric-vehicle manufacturers of provisional tariff levels Wednesday and companies could face additional levies of around 25%, European...
Tuesday 11 June 2024
Turkey to impose 40% tariffs on Chinese vehicles; Volvo reportedly shifts EV production to Belgium
More changes that could affect the automotive industry's dynamics have emerged ahead of the European Union's expected tariff increase.
Friday 7 June 2024
India remains promising, challenging EV market as Modi secures third-term
Four-wheeler and two-wheeler companies will launch multiple models by 2030 in India, which has great potential in EV manufacturing and consumption. However, the unavailability of...
Thursday 6 June 2024
EU's potential tariff could be self-destructive as China supports 60% of the bloc's EV imports
The European Union is expected to announce punitive tariffs on China-made EVs after the European Parliament's election this week. Many European-branded vehicles and Tesla EVs are...
Thursday 30 May 2024
US-made SUVs, Jeep cars will bear the brunt if China retaliates with tariff rise
The US Biden administration will increase the tariffs on China-made EVs from 25% to 100% on August 1. China has vowed to retaliate and could raise tariffs on cars with engines larger...
Tuesday 28 May 2024
China retaliates in automotive trade war with tariffs on European cars
Foreign media reports indicate that China is considering imposing a 25% tariff on large-engine fuel vehicles imported from Europe, specifically targeting cars with engines larger...
Tuesday 28 May 2024
Chinese EV battery makers to accelerate production relocation
Contemporary Amperex Technology (CATL) and other Chinese Electric Vehicle (EV) battery providers are looking to accelerate production relocations in response to new tariffs imposed...
Monday 27 May 2024
Automakers have rearranged supply chain to respond intensifying trade war
The economic conflict centering on EVs is heating up. Tesla CEO Elon Musk recently said he does not support the US tariff hike on China-made EVs. However, Tesla has rearranged its...
Monday 27 May 2024
Generative AI fuels Nvidia chip sales, shifts Taiwan's export dynamics
Generative AI has ignited a boom in Nvidia chip sales, with DRAM manufacturers offering HBM products also seeing a surge in orders.
Thursday 23 May 2024
US tariff hike on Chinese EVs, batteries, steel to take effect on August 1
The first group of China-made products that the US Biden administration targets will see their tariffs rise on August 1, 2024, according to an announcement from the Office of the...