Türkiye will impose a 40% additional tariff on imports of vehicles from China to halt a possible deterioration of its current account balance and to protect domestic automakers, the Turkish Trade Ministry said.
The additional Turkish tariff will be set at a minimum of $7,000 per vehicle, with effect from July 7, a presidential decision published in the country's Official Gazette showed.
The ministry also said the additional tariff decision was made taking into account deficit targets and efforts to encourage domestic investment and production.
It said the additional tariff (IGV) would be implemented with customs duties on certain goods imported from non-EU members and countries with which Türkiye has no free trade agreement (FTA).
In 2023, Türkiye imposed additional tariffs on electric vehicle imports from China and brought some regulations regarding EV maintenance and services.
