Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
27 AUGUST 2019 AL CIRCLE

China's announcement of 25% tariffs on U.S. made cars creates tension among top global carmakers

EDITED BY : BEETHIKA BISWAS 2MINS READ

President Donald Trump last Friday announced 30% tariffs will be levied on US$250 billion of Chinese imports from October 1, up from the current 25 per cent. New tariffs set for Sept. 1 would increase to 15 per cent from current 10 per cent. The announcement came after Beijing had declared that it would place added tariffs on U.S. goods, including light vehicles. China said that it would impose additional tariffs on a total of US$75 billion of U.S. goods in retaliation for Trump’s latest planned levies on Chinese imports, creating panic among automakers and raising fears of an extended trade war.

car tariff

{alcircleadd}

Some of China's counter tariffs will take effect starting Sept. 1, while the rest will come into effect from Dec. 15, according to the announcement from the Ministry of Commerce. China announced a 25 per cent duty on U.S. cars to be resumed from Dec. 15.  

Beijing earlier waived a 25 per cent duty on light vehicles from the U.S. as a positive gesture towards starting trade talks between the two countries.

Among automakers, Ford Motor Co., Tesla Inc. and Germany’s Daimler and BMW Group are likely to be affected the most by the additional levies. Ford exports vehicles like the Lincoln MKC and Ford Explorer crossovers to China. Jeep and Lexus also exports vehicles to China from U.S. plants. BMW and Daimler export large numbers of utility vehicles from U.S. plants to China. Tesla is yet to start making electric vehicles in the country. Six of the top ten vehicles exporters from the U.S. to China, world’s largest automotive market are German brands.

"When these tariffs were initially imposed by China in 2017, American exports of finished vehicles dropped by 50 percent. We can’t let that happen to American workers again," added Bozzella, who also is CEO of the Association of Global Automakers, a trade group representing top vehicle brands.

According to Sinomach Auto, the country's top vehicle importer, China imported 190,118 vehicles from U.S. in 2018, a decline of 35 per cent from 2017 driven by trade tensions and tariff adjustments.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : BEETHIKA BISWAS 2MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.