China has notified the United States that it intends to launch an investigation that would potentially impose new import duties on vehicles manufactured by GM, Ford and Chrysler if imported into China.
According to Steve Collins, president of the American Automotive Policy Council, the three Detroit automakers currently export approximately 9 000 vehicles each year to China.
China first declared that it would launch an investigation into the addition of new import duties on American automotive imports after President Barack Obama announced that he would be imposing a 35 percent tariff on Chinese-made tyres.
Collins told Reuters, “The documents containing the charges were presented by China to the US government this week, but have not yet been translated. Therefore we are not in a position to comment on the matter at this time.”
Currently there are high-level talks taking place in Hangzhou, and President Obama is expected to visit China in November.
Collins expects China to formally launch an anti-dumping and countervailing-duty investigation next week.
