Trade Policy

Cailian Press, June 11 - According to a presidential decree announced by Turkey on June 8, Turkey has decided to impose an additional 40% tariff on cars imported from China, with a minimum additional tariff of USD 7,000 per car, effective from July 7.

The Turkish Ministry of Commerce stated in the announcement that the purpose of imposing the tariffs is to increase the market share of domestically produced vehicles and reduce the current account deficit.

Notably, this is not the first time Turkey has imposed additional tariffs on Chinese cars. In 2023, Turkey imposed an additional 40% tariff on electric vehicles imported from China, raising the total tariff to 50%. Moreover, according to a decree previously issued by the Turkish Ministry of Commerce, all companies importing electric vehicles are required to establish at least 140 authorized service stations within Turkey and set up dedicated call centers for each brand.

According to relevant statistics, nearly 80% of the cars imported from China to Turkey are internal combustion engine vehicles. The new tariff policy now extends to all types of vehicles.

With the continuous growth of China's electric vehicle exports, China is facing increasing trade pressure globally. Many countries claim that the Chinese government provides substantial subsidies for electric vehicles. The European Commission is expected to announce this week whether it will impose temporary additional tariffs.