Turkey imposes 40% additional tariff on vehicle imports from China to safeguard domestic automotive industry. EU announces its own
In a significant protectionist policy move, Turkey has announced a 40% additional tariff on vehicle imports from China, effective from July 7, 2024. The decision aims to mitigate potential negative impacts of Chinese EVs saturating Turkey’s domestic market and bolster its national automotive industry against what is widely perceived as Chinese vehicle ‘dumping’.
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