China talks tariffs with automakers

By Reuters

Aug 24, 2024 12:08 am

BEIJING — China's Commerce Ministry met with automakers and industry associations on Friday to discuss raising import tariffs on large-engined gasoline vehicles, sounding a warning as the European Union nears a tariff decision on Chinese electric cars.

The 27-strong bloc is due to vote in October on whether to adopt additional duties of up to 36.3 percent on Chinese-made electric vehicles (EVs) on top of its standard 10-percent import tariff.

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