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Sunday, June 23, 2024  
16 Dhul-Hijjah 1445  

Turkiye to impose 40% additional tariff on vehicle imports from China

Additional tariff is set at a minimum of $7,000 per vehicle
Photo via Reuters
Photo via Reuters

Turkiye has decided to impose a 40% additional tariff on imports of vehicles from China, a presidential decision published in the country’s Official Gazette showed on Saturday.

The additional tariff is set at a minimum of $7,000 per vehicle. The decision will be effective from July 7.

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The decision said if the 40% tariff calculated from the price of an imported vehicle is under $7,000 then the minimum tariff of $7,000 will be charged.

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In 2023, Turkiye imposed additional tariffs on electric vehicle imports from China and brought some regulations regarding EV maintenance and services.

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