Reacting to Turkey's imposition of a 40 percent additional tax on automobiles of Chinese origin, the statement made by the Chinese authorities said, "We are strongly against the decision taken by Turkey regarding the electric car tariff."
Chinese brands have made a major breakthrough in the global automobile market recently.
Car models released by Chinese brands one after the other have started to be exported to the world.
The cars, which were put on sale much cheaper than their counterparts in the market, turned the entire market upside down.
While this situation negatively affects European brands, the European Union wants to prevent this rise by imposing additional taxes on Chinese brands.
Recently, US President Joe Biden increased the 25 percent tax on Chinese electric vehicles to 100 percent and introduced some additional costs.
According to the new decision published in the Official Gazette, with the new regulation that will come into force on July 7, 2024, an additional tax of 40 percent will be imposed on all vehicles imported from China.
Additional customs duty; It will be applied by choosing the higher of the options of 40 percent additional tax and 7 thousand dollars/piece.
The 40 percent additional customs tax applied will be valid for vehicles of all fuel types.
The 40 percent tax was previously only applied to electric cars.
"We are strongly against Turkey's decision"
Reactions from China to these additional tax applications from the EU and Turkey are increasing.
The Chinese Ministry of Commerce made a statement regarding the additional tax imposed by Turkey on vehicles of Chinese origin.
According to the news reported by Bloomberg News, the statement included a call for Turkey to end discriminatory tariffs and said, "We are strongly against the decision taken by Turkey regarding the electric car tariff. We will do whatever is necessary to defend the rights of our companies." expressions were used.
Chinese authorities also targeted the EU.
China warned that it may file a lawsuit at the World Trade Organization (WTO) due to the additional customs duties it imposed on electric vehicles imported from the country following the European Union (EU) Commission's subsidy investigation against Chinese manufacturers.
Chinese Ministry of Commerce Spokesperson Hı Yadong stated in his statement that they "reserve the right to file a lawsuit in the WTO" against the planned tariff increase.
The EU Commission announced that it would temporarily impose an additional 21 percent customs duty on most imported electric vehicles, within the scope of the investigation launched into China's state subsidies for electric car production.
Arguing that the commission's decision "lacks factual and legal grounds", Sözcü Hı said, "This step will not only harm the legal rights and interests of Chinese electric vehicle manufacturers, but will disrupt the harmony of automobile production and supply chains around the world, including the European Union." said.
Hı pointed out that the decision was clearly a protectionist behavior and may have violated WTO rules, and said, "We reserve the right to file a lawsuit in the WTO to protect the legitimate rights and interests of Chinese companies." He said: EU's subsidy investigation
The EU Commission decided to launch a subsidy investigation into electric vehicles imported from China in October 2023.
The Commission had reported that among the Chinese manufacturers examined within the scope of the investigation, an additional customs tariff of 17.4 percent would be applied to BYD, which cooperated with the EU authorities, 20 percent to Geely, and 38.1 percent to SAIC Motor, which did not cooperate with the EU authorities.
With temporary additional taxes, the customs tariff for electric vehicles, which normally has a standard tariff of 10 percent, will increase to 31 percent. The commission has 4 months to get the new taxes accepted by member countries and make them permanent.
In its statement yesterday after the decision was announced, the Chinese Ministry of Commerce said, "While the EU Commission is the flagbearer of green development on the one hand, it is waving the stick of protectionism on the other hand, politicizing and weaponizing commercial and economic issues." The statement was included.
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