China threatens 25% tariffs on imports from EU and US automakers

Piet Andries

May 27, 2024

According to a WTO ruling China is entitled to raise tariffs up to 25%. /WalleniusWilhelmsen

According to the media outlet Automotive News Europe, China plans to retaliate against the tariff hike from the Biden Administration, and a similar plan from the EU is expected within the coming weeks. China is considering elevating these duties from 15% to 25% Elevated tariffs from Chinese customs
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