EU Commission announces decision on punitive tariffs on e-cars from China
Expected that the commission will significantly increase the current tariff rate of ten percent. The tariff increases would also apply to German companies that have relocated their production to China. They must calculate with an average surcharge of 21 percent when importing from China. The decision from Brussels is preliminary, but starting in November, car manufacturers must actually pay this. In the meantime, the German automotive industry is hoping for further negotiations.
The EU Commission is considering imposing punitive tariffs, known as penalty duty, on electric cars from China due to its decision. If implemented, this could lead to higher costs for German companies importing e-cars from Beijing, potentially affecting the sales of electric cars in the EU. The Chinese government might respond with its own measures, such as increasing the penalty duty on cars imported from the EU. The ongoing negotiations between the EU Commission and China could impact the future of electric car imports from Beijing, potentially avoiding the implementation of these punitive tariffs.
