The tariffs will apply for five years from October 31st. They are charged in addition to the standard rate of 10 percent. They are intended to compensate for the disadvantages that companies in the EU have because China grants high subsidies to manufacturers in its own country. Customs rates vary depending on the manufacturer and the assistance received. The US manufacturer Tesla has to pay 7.8 percent for its electric cars produced in China, BYD 17.0 percent and Geely 18.8 percent. The maximum rate that applies to SAIC and all other companies that do not cooperate with the EU will be 35.3 percent. Joint ventures with European participation must pay 20.7 percent. This applies to the Cupra Tavascan from VW and the electric Mini Cooper from BMW.
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