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A Chinese EV maker was slapped with a 36% tariff. The company said it didn't understand EU documentation.

A Chinese EV maker faces an especially harsh tariff because it failed to cooperate with EU authorities and did not provide necessary documentation.

By: Business Insider

Aug 28 2024
6
255 Views

A Chinese EV maker was slapped with a 36% tariff. The company said it didn't understand EU documentation.

SAIC faces a 36% tariff from the EU for non-cooperation and unfair subsidization.Thomson Reuters

SAIC Motors faces a 36.3% tariff from the EU for non-cooperation and unfair subsidization.
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