White House confirms automotive tariffs – 'a disaster for the industry'
Automotive logistics could be hard hit – with some modal shift to cut costs – ...
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…
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