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Turkey imposes 40pc tariff on vehicle imports from China

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A worker wipes an Ora, a Chinese electric car, during the Auto Shanghai 2023 convention in Shanghai, on April 18, 2023. [AP Photo]

Turkey will impose a 40 per cent additional tariff on imports of vehicles from China to halt a possible deterioration of its current trade balance and protect domestic automakers, the trade ministry said Saturday.

China is facing increasing trade pressures worldwide over its growing exports of electric vehicles, which many countries claim are being heavily subsidized by Beijing to support its sputtering economy. The European Commission is expected to announce next week whether to impose provisional extra tariffs.

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By AFP 7 hrs ago
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