Detroit Bureau on Twitter

Posts Tagged ‘china tariffs’

U.S. Tackles China Over Auto Import Tariffs

80% of American-made vehicles covered by duties.

by on Jul.06, 2012

US-made vehicles -- such as the 2013 Buick Enclave -- are subject to Chinese tariffs of as much as 22%.

The Obama Administration has filed a complaint with the World Trade Commission over China’s hefty new duties on American-made cars.

The import tariffs cover about 80% of the vehicles shipped from the U.S. to China – including products assembled at foreign-owned plants such as the Mercedes-Benz factory in Alabama – and could cost manufacturers as much as $3.3 billion.  The tariffs are also expected to force makers like General Motors to shift more production from the U.S. to China.

Your News Source!

“China must play by the global rules of the trading system,” said a White House statement.

It’s the latest salvo in an increasingly nasty trade war that saw the U.S. impose major new tariffs on Chinese-made tires that were allegedly being dumped – or sold at a price lower than the cost of production.  The WTC has upheld the tire duties, much to the anger of Chinese officials.


China Will Impose Anti-Dumping Duties on U.S. Cars

Asian giant fires back after U.S. penalizes Chinese-made tires.

by on Dec.15, 2011

Even some German cars made in the U.S., like the Mercedes-Benz M-Class, will be facing duties.

The threat of a trade war appears to be looming large with China’s warning that it plans to impose anti-dumping duties on American automobiles – a  move that could have a particularly harsh impact on General Motors, the largest manufacturer in the booming Chinese auto industry.

But slightly smaller new duties also will be imposed on products exported to China by Chrysler, as well as from U.S. plants operated by BMW and Mercedes-Benz.

The Chinese announcement comes three months after the World Trade Organization (WTO) upheld the U.S. decision to impose duties on Chinese tire imports – and some see the move as a warning to Washington where further actions are under debate to nudge China into letting its currency rise closer to free market levels.

Your Winning News Source!

The new tariffs will affect vehicles with engines larger than 2.5 liters in size, and would range from 2.0% on BMW models and 2.7% on Mercedes, to 12.9% for GM products imported from the U.S. Chrysler would face an 8.8% tariff, according to the Chinese Ministry of Commerce.