$TRUMP
JUST IN: U.S. Hits Chinese Graphite Imports with 93.5% Tariff 🇺🇸🇨🇳
The U.S. Commerce Department has announced preliminary anti-dumping duties of 93.5% on graphite imported from China, citing evidence of unfair government subsidies. Graphite is a critical component in electric vehicle (EV) and battery production.
Highlights:
Tariff: 93.5% duty on Chinese graphite imports.
Reason: Preliminary findings of dumping and unfair subsidies.
Status: Temporary — pending final verification and approval.
Impact: Could raise costs for U.S. battery makers and EV producers, as China dominates global graphite supply.
The ruling is not final yet. The U.S. International Trade Commission will determine whether Chinese graphite imports are harming domestic industry, with a final decision expected later in 2025.
