Shippers have hard choices to make, says GSF, as tariffs begin to bite
With a range of tariffs to be implemented on Wednesday next week by the US, ...
REUTERS reports:
The European Commission notified car makers on Wednesday that it would apply additional duties of up to 38.1% on imported Chinese electric vehicles from next month, a move likely to draw possible retaliation from China.
Less than a month after Washington quadrupled duties for Chinese EVs to 100%, Brussels said it would set tariffs of 17.4% for BYD, 20% for Geely and 38.1% for SAIC over what it said were excessive subsidies…
The full story is here.
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