Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Top Stories

Posted By Uma Rajagopal

Posted on June 12, 2024

EU sets duties on Chinese electric vehicles of up to 38%

EU sets duties on Chinese electric vehicles of up to 38%

BRUSSELS (Reuters) – The European Commission announced on Wednesday that it would impose provisional duties on imports of Chinese electric vehicles of up to 38.1%, a move likely to draw stern words and possible retaliation from China.

The Commission, which oversees EU trade policy, said the tariffs, likely to be in place by July, would be 17.4% for BYD, 20% for Geely and 38.1% for SAIC. Other companies cooperating with the investigation would face a tariff of 21% and non-cooperating companies 38.1%.

(Reporting by Philip Blenkinsop; Editing by Sudip Kar-Gupta)

Recommended for you

  • Futurex and Cake Digital Bank Collaborate in Order to Set a New Benchmark in Secure Cloud Payment HSM Adoption

  • Search Engine Optimization (SEO) Trends for 2025

  • Socio-Economic Ripple Effects of Aging Populations: Navigating Challenges and Unlocking Opportunities