Tag: Import tariffs
Negotiations between EU and China Over 48% Tariffs on Electric Vehicles
The European Union has decided to engage in discussions with China regarding the proposed tariffs on Chinese electric vehicles, potentially imposing a 48% import charge on certain models. This decision comes after the EU...
US Consumers Purchase Over 40,000 Cars Made in China in 2024 H1
Chinese automakers have been a hot topic in the U.S. auto industry for quite some time now. While we haven't seen Chinese companies directly entering the U.S. market, some existing brands have been selling...
Volvo EX30 US Launch Delayed to 2025 Due to Tariffs
Volvo's latest model, the EX30 small electric crossover, will not be hitting the U.S. market this summer as originally planned. The company has announced a delay in deliveries until 2025, citing tariffs imposed by...
European Automakers Brace for Chinese Trade War Fallout – Autoblog
The European Commission has decided to impose additional duties on imported China-made electric cars from July, which could have a significant impact on various European automakers. German carmakers such as Mercedes, BMW, Volkswagen, Porsche,...
European Car Manufacturers Brace for Chinese Retaliation Over EU Tariffs
European car manufacturers are bracing themselves for potential retaliation from China following the European Commission's decision to impose additional duties on imported China-made electric cars. This move, set to take effect in July, could...