BR100 Increased By (0.3%)
BR30 Increased By (0.14%)
KSE100 Increased By (0.08%)
KSE30 Decreased By (-0.08%)
BECO 5.87 Decreased By ▼ -0.16 (-2.65%)
BML 57.71 Increased By ▲ 4.96 (9.4%)
BOP 33.98 Decreased By ▼ -0.27 (-0.79%)
CNERGY 8.17 Increased By ▲ 0.01 (0.12%)
DCL 11.90 Decreased By ▼ -0.44 (-3.57%)
FCCL 53.73 Decreased By ▼ -0.16 (-0.3%)
FCSC 5.34 Increased By ▲ 0.12 (2.3%)
FFL 17.89 Decreased By ▼ -0.14 (-0.78%)
FNEL 1.30 No Change ▼ 0.00 (0%)
HUMNL 11.27 Increased By ▲ 0.27 (2.45%)
KEL 8.13 Increased By ▲ 0.02 (0.25%)
KOSM 5.48 Increased By ▲ 0.10 (1.86%)
MLCF 88.32 Increased By ▲ 0.27 (0.31%)
NBP 186.30 Decreased By ▼ -0.18 (-0.1%)
PACE 11.56 Increased By ▲ 0.84 (7.84%)
PAEL 40.55 Increased By ▲ 0.61 (1.53%)
PIAHCLA 26.30 Increased By ▲ 0.13 (0.5%)
PIBTL 17.30 Decreased By ▼ -0.02 (-0.12%)
PPL 231.80 Decreased By ▼ -0.98 (-0.42%)
PRL 34.70 Decreased By ▼ -0.25 (-0.72%)
PTC 67.19 Decreased By ▼ -0.37 (-0.55%)
SEARL 91.50 Increased By ▲ 0.57 (0.63%)
SSGC 27.05 Decreased By ▼ -0.12 (-0.44%)
TELE 8.58 Increased By ▲ 0.01 (0.12%)
THCCL 64.60 Increased By ▲ 4.47 (7.43%)
TPLP 9.46 Increased By ▲ 0.70 (7.99%)
TREET 24.61 Increased By ▲ 0.07 (0.29%)
TRG 71.90 Increased By ▲ 0.15 (0.21%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
By

ISTANBUL: Turkiye has decided to impose a 40% additional tariff on imports of vehicles from China, a presidential decision published in the country’s Official Gazette showed on Saturday.

The additional tariff is set at a minimum of $7,000 per vehicle. The decision will be effective from July 7.

Turkiye to impose stocks, crypto assets transaction tax, official says

The decision said if the 40% tariff calculated from the price of an imported vehicle is under $7,000 then the minimum tariff of $7,000 will be charged.

In 2023, Turkiye imposed additional tariffs on electric vehicle imports from China and brought some regulations regarding EV maintenance and services.

Comments

Comments are closed for this article.