Aaj English TV

Sunday, December 22, 2024  
19 Jumada Al-Akhirah 1446  

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.

Turkiye to impose stocks, crypto assets transaction tax, official says

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.

Read more

Intelligence agencies, half of judiciary were against Congress, says Rahul Gandhi

Iran’s top diplomat confirms talks with US

JGB yields slide on firm auction demand, lower US yields

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

For the latest news, follow us on Twitter @Aaj_Urdu. We are also on Facebook, Instagram and YouTube.

china

Turkiye

Tariff