China has filed a complaint with the World Trade Organization (WTO) against Turkey over its tariffs on electric vehicle imports. The Chinese government argues that Turkey's 40% additional tariff is discriminatory and protectionist, violating WTO rules.
This move comes as Turkey seeks to bolster its domestic electric vehicle industry while navigating increasing trade pressures related to its own EV market. The dispute highlights ongoing tensions in global trade regarding electric vehicles and subsidies.
Citations:
[1] https://apnews.com/article/china-eu-wto-ev-tariffs-46e93252625475e1af0e023282802705
[2] https://www.duvarenglish.com/china-files-wto-complaint-against-turkey-over-electric-vehicle-tariffs-news-65064
[3] https://www.agbi.com/trade/2024/10/china-files-trade-complaint-against-turkey-over-ev-tariffs/
[4] https://www.dailysabah.com/business/automotive/china-files-wto-complaint-against-turkiye-over-ev-tariffs
[5] https://www.wto.org/english/news_e/news24_e/ds626rfc_14aug24_e.htm
[6] https://www.graincentral.com/markets/turkiyes-wheat-import-ban-may-be-extended/
[7] https://www.iea.org/reports/oil-market-report-september-2024
[8] https://www.cnbc.com/2024/09/03/oil-prices-fall-as-weak-demand-overshadows-libya-blockade.html