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BRIEF: EC Makes Slight Cuts In China EV Tariff Proposals

The Commission has made slight downward tweaks in tariffs on China's EV exporters

MNI (BRUSSELS) - The European Commission said on Tuesday it has revised downwards draft definitive tariff proposals on the biggest Chinese electric vehicles exports following consultations with manufacturers. 

Proposed duties on BYD EV exports have been reduced to 17.0% from 17.4% suggested in early July, on Geely to 19.3% from 19.9% and SAIC to 36.3% from 37.6%. 

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MNI (BRUSSELS) - The European Commission said on Tuesday it has revised downwards draft definitive tariff proposals on the biggest Chinese electric vehicles exports following consultations with manufacturers. 

Proposed duties on BYD EV exports have been reduced to 17.0% from 17.4% suggested in early July, on Geely to 19.3% from 19.9% and SAIC to 36.3% from 37.6%. 

Keep reading...Show less