China Retaliates Over EV tariffs with Anti-dumping Probe into Canadian Canola Imports
China has announced an anti-dumping investigation into Canadian canola imports in response to Canada planning to impose tariffs on Chinese-made electric vehicles, steel and aluminum. In a news release Tuesday, China’s Ministry of Commerce said it is launching an anti-discrimination…
Canada to Impose 100% Tariff on Chinese EVs
The Government of Canada intends to implement a 100% surtax on all Chinese-made EVs, effective October 1, 2024. This includes electric and certain hybrid passenger automobiles, trucks, buses, and delivery vans as well as fuel-cell vehicles. This follows similar announcements…
EU Plans up to 36.3% Definitive Tariffs on EV Imports from China
The European Commission (EC) has announced a draft decision to impose up to 36.3% definitive countervailing duties on imports of battery electric vehicles (EVs) from China. The draft rates are lower than the provisional duties published on 4 July and…
China Files WTO Complaint Against EU over Tariffs on EVs
The Chinese government said Friday it has filed a complaint with the World Trade Organization over European Union tariffs on electric vehicles made in China. The Commerce Ministry said that China had resorted to the WTO dispute settlement mechanism ”to…
Canada Mulls Chinese EV Tariff Following U.S. Move but is Not Committing to it
Canada is looking at the massive new U.S. import tariffs on Chinese-made electric vehicles imposed by President Joe Biden earlier this month, but is not making any commitment to following suit north of the border. Chinese brands are not a…
China EV Stocks Sink on Reports of US Tariffs
Shares of major Chinese electric vehicle makers fell on Friday, after multiple reports said that the U.S. was preparing more tariffs against Chinese companies, specifically aimed at EVs and other key sectors. Li Auto Inc (HK:2015) (NASDAQ:LI), NIO Inc (HK:9866)…
The EU Just Got a Step Closer to Hitting Chinese EVs With Additional Tariffs
The European Union is moving closer to imposing additional tariffs on Chinese electric vehicles entering the bloc, citing new proof that the government in Beijing is providing illegal financial support for the industry. The European Commission, the EU executive’s arm,…
EU and UK Agree Rules of Origin Agreement to Avoid Tariffs on EVs
The UK Government has finalised a deal with the EU to extend trade rules on electric vehicles (EVs) until the end of 2026. This agreement will postpone ‘rules of origin’ requirements and the imposition of 10% tariffs on EVs. The…
Rules of Origin Agreement to Avoid Tariffs on Electric Vehicles
An eleventh-hour deal has been struck between the UK and the EU that will postpone ‘rules of origin’ and the imposition of tariffs on electric vehicles (EVs). A three-year delay to the new trading arrangement, which would have come into…
EU Pitches three Options to Deal with Post-Brexit Tariffs on Electric Cars
The European Commission has come up with three options for how to deal with painful tariffs on electric cars traded with the UK, including one to delay them by as many as three years, according to people familiar with the…
