China To Impose Duties Of Up To 21% On US Vehicle Imports

China said today it would impose anti-subsidy and anti-dumping duties on imported cars made in the United States, the latest in a series of trade spats between the world's two largest economies.

The duties, to affect the Detroit 3 and some U.S.-based foreign automakers, will begin tomorrow and last two years, the Commerce Ministry said on its Web site. Cars that have engine capacity at or above 2.5 liters will be hit with duties ranging from 2 percent to 21.5 percent.

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Joe_Limon - 12/14/2011 10:50:01 AM

+1 Boost

In other words, manufacturers will shift their manufacturing facilities to participate in the worlds largest auto market.

Agent009 - 12/14/2011 1:46:12 PM

0 Boost

That is correct. Stop importing a superior product and either make it here or get the heck taxed out of you.

internationalmanofmystery - 12/14/2011 1:45:52 PM

+4 Boost

There is a middle finger "salute' we have here in the US that I would VERY MUCH like to share with you!

1c3am5 - 12/14/2011 2:31:02 PM

+4 Boost

Why should they be different than any other nation in the world besides Mexico and Canada? Germany hits US imports with a 19% VAT (VAT is used all over the EU, but it's highest in car-producing Germany) Koreans have a cascading tax system that starts with engine size, and ends with tax audits of citizens who buy foreign cars, etc. etc.

I95SPEEDINGTICKETS - 12/15/2011 1:30:38 PM

+2 Boost

UK VAT is 20%

upwards - 12/15/2011 1:24:59 AM

+1 Boost

Free trade my azz, the GOP and there ideas are useless. I say set the same tariff percentage on that imported Chinese garbage and watch them come back on their knees apologizing.

MorePower - 12/15/2011 5:16:00 AM

+4 Boost

Won't happen because 50%-70% of most goods sold in the US are made there. Through various means and time, the American, and to a large degree Global, market are so price sensitive, people will not pay or can not afford perishable goods that are not made there. "Free" market capitalism, got to love it.

MorePower - 12/15/2011 5:13:28 AM

+1 Boost

Does this apply to the Spy drone that will inevitably end up there?

holmstar - 12/15/2011 4:30:55 PM

+2 Boost

I think this may actually backfire in some ways. American cars are popular in China as a status symbol among the emerging middle class. Increasing the cost of buying American autos in China will only increase their value as a status symbol. It's possible that demand could increase despite the cost.