Publication date:
June 29, 2024
Challenges and Requests Surrounding Chinese EV Tariffs
US companies seek policy adjustments to counter rising Chinese imports of low-speed vehicles, urging equitable tariffs to maintain competitive balance.
Trade
Club Car LLC and Textron Specialized Vehicles Inc., advocate for imposing a 100% tariff on Chinese-manufactured golf carts and analogous electric vehicles to counteract soaring imports. The influx of low-speed Chinese vehicles, facilitated by tariff disparities, undermines US market competitiveness. Industry representatives emphasize the need to ensure fair trade practices amidst intensified import volumes and regulatory loopholes. The coalition's appeal for tariff alignment underscores the urgency to safeguard domestic production and mitigate market distortions stemming from tariff differentials.