Turkey has decided to impose a 40% additional tax on cars imported from China

Turkey has decided to impose a 40% additional tax on cars imported from China, and this decision will be implemented on July 7.

Yeni Şafak newspaper reported on June 8 that Turkey's decision to impose additional taxes applies to all fuel-type passenger cars imported from China, and these types of cars will be subject to an additional tax of 40%. This decision will be officially implemented on July 7, 2024.

According to the regulations published in the official gazette, the current 40% additional tax on electric vehicles will also be applied to all fuel vehicles.

The Turkish Ministry of Commerce issued a statement on the matter, stressing that the purpose of the additional tax on passenger cars imported from China is to increase and protect domestic production in the domestic market.

The Turkish Ministry of Commerce also said in a statement: "Our ministry will continue to standardize import policies that meet the goals of national production, employment, foreign trade, and supply balance."

As a result of the Chinese regime's massive subsidy policies, Chinese auto companies are dumping their products in other countries at low prices, and China has been strongly criticized for this unfair practice. Before Turkey, the European Union and the US government announced various measures against China's actions.