China-manufactured EVs hit with duties in biggest EU trade case yet

Intense negotiations may continue; Beijing said will protect its interests; Volkswagen critical of EU announcement; tariffs far lower than planned U.S. tariffs; BYD will face duties of 17.4%, Geely 19.9%, SAIC 37.6%, the EU said on Thursday; these are on top of the EU’s standard 10% duty on car imports

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Jul 5, 2024 - 11:07
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China-manufactured EVs hit with duties in biggest EU trade case yet
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Intense negotiations may continue; Beijing said will protect its interests; Volkswagen critical of EU announcement; tariffs far lower than planned U.S. tariffs; BYD will face duties of 17.4%, Geely 19.9%, SAIC 37.6%, the EU said on Thursday; these are on top of the EU’s standard 10% duty on car imports
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