In response to the EUs decision to impose 37.5% tariffs on Chinese EVs, Chinas Ministry of Commerce launched an investigation to assess potential trade barriers, affecting multiple industries and potentially impacting Sino-European trade relations.
Russia implements parallel import policy to counter Western sanctions, legalizing unauthorized imports to alleviate product shortages, reduce costs, and anticipates policy optimization and market adjustments.
Turkey announces presidential decree implementing tariff incentives for automotive imports, aiming to attract foreign investment especially from Chinese automakers for local production.
The Indonesian governments plan to impose tariffs of up to 200% on imported goods has drawn attention. Officials clarified that the move aims to protect domestic industries and is not targeted at specific countries, emphasizing the importance of China-Indonesia strategic cooperation.
Starting from July 5, 2024, the EU imposed provisional countervailing duties on Chinese-made electric vehicles, with rates ranging from 17.4% to 37.6%. Germany strongly opposed the measure due to its reliance on the Chinese market, putting China-EU trade relations to the test.
Five major US ports urge the government to revoke the 25% tariff proposal on Chinese cranes, warning of increased costs, supply chain tensions, and damage to the economy and environmental sustainability.
The Eurasian Economic Union (EAEU) has decided to reduce the import tariff on desiccated coconut to zero, effective until July 31, 2027, aiming to promote regional economic integration, reduce costs for related industries, and enhance market competitiveness.
Why have Chinese automobile exports risen in the global market? Why has Russia become the largest importer? Understand the competitiveness of Chinese automobiles in the global market and the close cooperation in Sino - Russian automobile trade.
Indonesia levies tariffs of up to 200% on imported products such as shoes and clothing. How will this affect the domestic industry and international trade? Understand Indonesias new tariff policy and its far - reaching impact.
? 2025. All Rights Reserved. Shanghai ICP No. 2023007705-2 
PSB Record: Shanghai No.31011502009912
