Tariff

China criticizes Türkiye for additional tariff on cars

China urges Türkiye to immediately revoke what it describes as "the discriminatory tariffs" imposed on Chinese-made passenger vehicles, the Commerce Ministry has said.

On June 8, the Turkish government announced a 40 percent additional tariff on imported fuel and hybrid passenger vehicles from China to take effect on July 7.

Chinese EVs in Greek market

The European Commission decision to impose, possibly from July, additional duties on Chinese electric vehicles that will reach up to 38.1% creates new conditions for the Chinese automobile industry that is seeking to increase its share in the Greek market as well.

EU’s plan to impose tariff on Chinese EVs risks trade war

The European Union has warned it would slap additional tariffs of up to 38 percent on Chinese electric car imports from next month after an anti-subsidy probe, a move that risks provoking a bitter trade war.

Brussels angered Beijing by launching the investigation last year in a bid to defend European manufacturers in the face of a surge of cheaper Chinese imports.

Electricity Up, Heating Down: Bulgaria Faces New Price Changes Ahead!

The Bulgarian Energy and Water Regulatory Commission (EWRC) anticipates an average electricity price increase of 1.34% starting July 1, while the price of hot water and heating is expected to decrease by an average of 8.44%. Final decisions will be made at the end of the month, with an open meeting scheduled for next week to discuss these forecasts.

The unbearable lightness of the European elections

These European Parliament elections are the most important in recent decades. Europe will face very difficult decisions that will determine whether it will come of age geopolitically and economically or not. Whether Donald Trump is elected in the United States or not, the alarm has been ringing for Europe for a long time.

European Commission Plans Heavy Tariffs on Russian Grain Imports

The European Commission has unveiled plans for significant tariff hikes on grain imports from Russia and Belarus. The proposed tariffs, described as potentially functioning as de facto sanctions, aim to address growing concerns over the use of food exports as a geopolitical tool by Moscow while safeguarding EU markets and farmers.

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