Tariffs
Canada to hit China with tariffs on electric vehicles, steel
Canada will impose new tariffs on Chinese-made electric vehicles, aluminium and steel, lining up behind western allies and taking steps to protect domestic manufacturers. The government announced a 100 per...
Geely says EU tariffs would have big impact as earnings climb
GEELY Automobile Holdings, the Hong Kong-listed arm of billionaire Li Shufu’s car empire, is the latest Chinese automaker to come out swinging against proposed European Union tariffs, saying the...
China’s biodiesel producers seek new outlets as hefty EU tariffs bite
CHINESE biodiesel producers are seeking new outlets in Asia for their exports and exploring producing other biofuels as supply to the European Union, their biggest buyer, dries up ahead...
China’s electric vehicles lose ground in EU after new tariffs take effect
EUROPEAN Union tariffs slowed the influx of Chinese-made electric vehicles (EVs) in July, as the bloc moved to protect its automakers from low-cost competition.The number of new EVs that...
China’s BYD seeks entry to Canada EV market despite likely tariffs
CHINESE electric carmaker BYD is looking to enter the Canadian market just as Prime Minister Justin Trudeau’s government works to clamp down on imports of vehicles from the Asian...
Geely’s Zeekr mulls building EVs in Europe to avoid tariffs
ELECTRIC-VEHICLE maker Zeekr is considering making cars in European factories linked to its parent, the Chinese auto conglomerate Zhejiang Geely Holding Group, to avoid European Union tariffs and further...
Volvo Cars cuts full-year forecast citing tariffs, Q2 Ebit beats estimates
VOLVO Cars beat second-quarter operating earnings estimates on Thursday (Jul 18) but lowered its full-year retail sales forecast citing the impact of European tariffs on Chinese-made EVs that could...
EU may cut China EV import tariffs for Volkswagen and BMW: sources
THE European Commission has signalled to Volkswagen and BMW that it may consider lowering tariffs on the two carmakers’ imports of China-made EVs, two sources with knowledge of the...
