All import articles
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FeatureEEU cuts import duties but trade within bloc is in dispute
The Eurasian Economic Union (EEU) has officially cut duties on finished vehicles being imported into the bloc from 20% to 17%. The rule took effect from September 1 this year, while a further reduction to 15% is proposed to take place at the same time in 2019. The EEU comprises ...
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FeatureTrump rejects tariff offer in trans-Atlantic car trade
Donald Trump has rejected an EU offer to eliminate tariffs on cars, saying the proposal is not good enough.Trump said that ending duties on US car imports into the EU would do little to help the automotive industry in the US because Europeans would still not buy American-made cars. “Their ...
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FeatureSMMT highlights implications of post-Brexit tariffs and Industry 4.0
The UK’s automotive trade association has estimated that tariffs on imported and exported finished vehicles could amount to £4.5 billion ($5.6 billion) a year, if Britain makes a clean break from the European Union.Earlier this evening, Gareth Jones, the outgoing president of the Society of Motor Manufacturers and Traders (SMMT), ...