GlobalAutoTV
Click to watch David S. Eberly -
Click to watch David S. Eberly -
china resources


Need an office in China? Office suites, meeting rooms, virtual offices, network access



free downloads
CHINA: "China Releases General Anti-Tax Avoidance Measures" report

CHINA: "China Releases General Anti-Tax Avoidance Measures" report. 6-page Alert by DLA Piper.

proceed to download
eJournals

 

back to index backCHINAtalk April,  2017


Report: US Automakers Seek End To Chinese Tariff

The debate over trade issues in Washington largely centers on the potential renegotiation of trade agreements, the establishment of new tariffs and a "border adjustment" plan that would prevent businesses from deducting imports on their taxes.

The Wall Street Journal reports that U.S. automakers want add another item to that list: China's tariffs on vehicles imported into the world's largest auto market.

China's auto market is booming " particularly for higher-end vehicles " and becoming an increasingly attractive target for overseas automakers looking to boost their sales.

But the country imposes a 25 percent tariffs on imported vehicles, which either makes those vehicles too expensive or forces foreign car companies to partner with Chinese counterparts to build cars in domestic factories.

Foreign auto industry officials suggested that the tariff should be scrapped since China's economic situation is much different today than when the tariff was first enacted in 2001.

Others added that auto industry reciprocity could benefit factories in the US " which could export their cars at more attractive prices " we well as fully integrate China's automakers into the global market.

Chinese car companies, meanwhile, remain vehemently opposed, and the Journal noted that the Beijing government considers its auto industry a crucial part of China's move toward high-tech manufacturing.

Trump repeatedly targeted trade with China on the campaign trail, but analysts warned that his proposals risked a harmful trade war. One observer told the paper that if a dispute in the auto industry arose, the World Trade Organization was likely to rely on more than 15 years of precedent and side with China.

"I don't see anything that Trump can do," Automotive Foresight's Yale Zhang told the Journal.

Source: Manufacturing.net - GAI



previous page

go top
search our site


Loading

CHINAtalk

Other articles from the same issue (April,  2017).

China could be world's leading electric vehicle producer: Expert
play read on

Autos/Trucks: China Auto Demand Tracking Above Q1 Estimates (download report)
play read on

Auto Makers Long for Easier China
play read on

Combustion: The Beginning of the End For American Automakers in China
play read on

Gao Feng Advisory Says U.S. Carmakers Doing Well in China
play read on

Report: US Automakers Seek End To Chinese Tariff
play read on

China Outbound Investment Drives a New Chapter of Globalization
play read on

These Chinese-backed Start-ups are Gearing Up to Challenge Tesla
play read on

Importance of Business Intelligence on Decision-Makers When Doing Business in China
play read on

Global Concerns Over China's 'Manufacturing 2025' Initiative Highlighted In New EU Report
play read on

Sourcing top-notch talents for China Inc
play read on

Competing with the Chinese Factory of 2017
play read on

Opinion: China's economic problems will come to a head in 2017
play read on

Beware The Dragon: Expert Views On Risks And Opportunities In China
play read on

New Labor Laws Seek to Pressure Chinese Employers
play read on

The Road to Globalization for Chinese Multinationals
play read on

IP theft: Declining, or just more stealthy?
play read on

Chinese Cities of Opportunity 2017 - report
play read on

Belt and Road countries are China's dynamic trade partners
play read on

China IPO markets take global lead in Q1, Hong Kong sees sector and geographical diversification, KPMG analysis finds
play read on

China Employment Offer Letters Because They Matter
play read on

China Stonewalls U. S. Steel's Cybertheft Lawsuit
play read on

China's latest five-year plan could be its last
play read on

Trends and implications in the internationalisation of the Renminbi
play read on

China issues compliance requirements on related-party transactions
play read on

China's New Industrial War
play read on

China's IC Industry to Embark on a Major Recruitment Drive This Year
play read on

Economic Watch: China's manufacturers sharpen competitive edge
play read on

China's spending on robotics to hit $59.4b in 2020: IDC
play read on

How Technology Can Help China With The New Customs Self-Tax Methodology
play read on


Our Free eJournals
GlobalAutoExperts

To visit GlobalAutoExperts Directory, click here.


©2008 GlobalAutoIndustry.com | HCI Group, Ltd.
101 West Big Beaver Road, Suite 1400 | Troy, MI 48084 USA
USA Tel: +1.248.687.1060 | USA Fax: +1.248.927.0347
Fax UK: +44.(0)845.127.4765 | Fax Europe: +31.20.524.1659 | Fax Asia: +852.3015.8120