China is considering imposing tariffs on large-displacement imported cars?

On the afternoon of May 23, the Ministry of Commerce held a regular press conference.

Some media asked that there are reports that China is considering imposing tariffs on imported cars with large displacements or more than 2.

5 liters in retaliation for restrictions imposed by European and American countries on Chinese car exports.

Is this true? Is China considering raising tariff rates?.

In response, He Yadong, spokesperson of the Ministry of Commerce, said that we have noticed relevant reports.

China firmly follows the path of green and low-carbon development, and has always encouraged and supported various industries to transform and upgrade in a green and low-carbon direction and achieve high-quality development.

Experts in various fields, including the automobile industry, are also conducting research on this issue to provide advice on global climate change.

He Yadong said,”What I want to emphasize is that at present, individual countries and regions have deviated from the concept of green development, violated market economic principles and WTO rules, and introduced some restrictive measures in the field of new energy vehicles.

We believe that these measures will only harm domestic consumers.

Interest, affect global green transformation and efforts to address climate change.

China is considering imposing tariffs on large-displacement imported cars?, according to public information, in 2023, China imported about 250,000 vehicles with engine displacement greater than 2.

5L, accounting for 32% of the total imported vehicles.

Imported large-displacement engine vehicles also accounted for 80% of China’s consumption of large-displacement engine vehicles.

If the temporary tariff rate is increased, it will have a significant impact on cars imported from the EU, and it will also affect cars imported from the United States.

According to WTO rules, China’s temporary tariff rate on imported gasoline cars and SUVs with engine displacements greater than 2.

5L can be considered to be increased to 25%.

(Source: World Wide Web), return to the home page of First Electric Network>,.

Link to this article: https://evcnd.com/china-is-considering-imposing-tariffs-on-large-displacement-imported-cars/

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