China expected to increase tariffs 25% for imported large-engine vehicles

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Yahoo Finance

Yahoo Finance

26 күн бұрын

China's Chamber of Commerce to the European Union (CCCEU) signaled that it "could raise its temporary tariff rate on imported large-engine vehicles to a maximum of 25 percent." The potential tariff comes after the Biden administration announced an increase in tariffs on Chinese electric vehicles, among other imports.
Yahoo Finance's Akiko Fujita joins Catalysts to break down the potential tariff increase from China and in the impacts it will have on global vehicle imports.
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Пікірлер: 22
@usmankhalid9438
@usmankhalid9438 24 күн бұрын
Should be 100% tarriff
@soothsayer2406
@soothsayer2406 23 күн бұрын
25% was chosen since it's allowed under WTO rules
@charliecheng3340
@charliecheng3340 24 күн бұрын
That is mild of China . Only 25% only
@user-tt6il2up4o
@user-tt6il2up4o 23 күн бұрын
Tariff the hell out of large engine cars from eu and USA. Tariff environmentally unfriendly vehicles.
@futo
@futo 21 күн бұрын
this barely affects the US, it's practically mainly targeting German cars
@hengongchua6250
@hengongchua6250 23 күн бұрын
Should follow the same percentage of what they have imposed on China cars.
@pposavids5119
@pposavids5119 22 күн бұрын
I think China knows how to play safe..
@futo
@futo 21 күн бұрын
BYD is still opening an assembly plant in Hungary, so yeah, they retaliating on a lighter level...what i'm confuse is this barely is a retaliation compare to 100% implemented by the American administration
@Pielewap420
@Pielewap420 23 күн бұрын
America did 100%, China should do 100% too
@MaheshAdhikari
@MaheshAdhikari 24 күн бұрын
Expected? Wow who ??
@lokedcm
@lokedcm 24 күн бұрын
Should do better than merely follow the 25% tax! Should start at 30% is a mark of objections!
@soothsayer2406
@soothsayer2406 23 күн бұрын
Blowback, they choose 25% since it's allowed under WTO rules
@Zerpentsa6598
@Zerpentsa6598 23 күн бұрын
Yeah. Make it 50%. Better still, stop using foreign things.
@TheGmr140
@TheGmr140 6 күн бұрын
Tariffs never work, when will the dumb world get it😢😢
@jerronng6036
@jerronng6036 20 күн бұрын
O dear now we r loosing the big engine mkt too
@lokesh303101
@lokesh303101 24 күн бұрын
Yes!
@chengavitch10
@chengavitch10 21 күн бұрын
Chinese protectionism should be denounced!!!! However US protection of jobs is justified.
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