【Text by Observer Net, Pan Yuchen, Editor by Gao Xin】According to "Today Turkey", on September 22, the Turkish Ministry of Trade announced new import tariffs on passenger vehicles. Depending on the model and category, each vehicle could be subject to a maximum tariff of 30% or $8,500 (approximately RMB 60,000).

This regulation applies to vehicles imported from countries outside the European Union and countries that have signed free trade agreements with Turkey, and will take effect 60 days after its announcement. "For ongoing import trade, a transition period has been provided before the rule takes effect."

Specifically, traditional fuel vehicles and hybrid electric vehicles will be subject to a 25% tariff, with a minimum tax of $6,000 (approximately RMB 42,000) per vehicle; plug-in hybrid vehicles will be subject to a 30% tariff, with a minimum tax of $7,000 (approximately RMB 50,000) per vehicle; and pure electric vehicles will be subject to a 30% tariff, with a minimum tax of $8,500 (approximately RMB 60,000) per vehicle.

On the same day, the Turkish presidential decree abolished the additional 60% tariff on US car imports since 2018, aligning US car imports with other sources.

Previously, in July this year, Turkey raised the minimum special consumption tax (SCT) rate for electric vehicles from 10% to 25%, while lowering the tax rate for locally produced gasoline and diesel vehicles.

In April this year, the BYD automobile transport ship "Changzhou" docked at the Safi Port in Turkey. Today Turkey

The Turkish Ministry of Trade stated that the new tariffs aim to protect domestic production from the "increasing import pressure and unfair competition," while protecting jobs and reducing deficits.

At the same time, the Turkish Ministry of Trade emphasized the strategic role of the automotive industry in the Turkish economy, and highlighted its contributions to manufacturing, exports, and direct and indirect employment. The department pointed out that due to global trade wars and increasing protectionism, it is necessary to protect Turkish industries from growing import pressure.

The Turkish Ministry of Trade also said it will continue to work with relevant agencies to develop policies that support domestic production, employment, and exports in the automotive industry, while considering global trends and consumer demand.

"Today Turkey" expects that this decision will affect many globally renowned car manufacturers' imports that are not locally produced, such as Toyota, Honda, and Nissan from Japan; Hyundai and Kia from South Korea; and electric vehicle manufacturers Tesla and BYD.

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Original: https://www.toutiao.com/article/7552831509527380489/

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