Biden administration has unveiled steep new US tariffs on an array of Chinese imports
BRUSSELS – China should raise its import tariffs on large gasoline-powered cars to 25 per cent, a government-affiliated auto research body expert told China 's Global Times newspaper as the country faces sharply higher US auto import duties and possibly additional duties to enter the European Union.
Shares of BMW and Mercedes were among the biggest weighted drags on the STOXX 600 early Wednesday, both falling by more than 2pc. A higher duty for cars with larger engines would hit principally German carmakers that export SUVs and sedans to China.
Import Tariffs Gasoline-Powered Cars United States US Tariffs Chinese Industrial Overcapacity European Commission WTO Rules German Carmakers Sedans Suvs Chinese Imports Electric Vehicles Green Development Market Economy Principles Biden Administration
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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