Published: July 4th, 2024,
Last updated: July 4th, 2024
The deadline approaches – overnight into Friday, the EU’s provisional additional tariffs on Chinese vehicles will come into effect. Negotiations thus far have yielded no resolution, report Amelie Richter and Till Hoppe. Manufacturers must brace for the rates announced in June – meaning between 17 and 38.1 percent on top of the existing ten percent. A decision on whether these additional tariffs will be long-term must be made by November. This leaves room for further negotiations between Beijing and Brussels.