The European Commission is looking at dropping Thailand-built pickups from its Generalized System of Preferences (GSP) this year, a move that could raise pricing for the trucks. Pickups assembled in Thailand and shipped to the European Union currently are tagged with a 6.5% tariff rate because of the GSP, down from the usual 10%. The GSP, which was introduced in 1971, allows industrialized countries to grant non-reciprocal tariff reductions to developing countries. The idea is to help ...
Premium Content (PAID Subscription Required)
"EC May Drop Tariff Exemption for Thai Pickups" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642