U.S. Slaps 93.5% Tariff on Chinese Battery Materials 🇺🇸🇨🇳

Market Update

The U.S. Commerce Department has announced preliminary anti-dumping duties of 93.5% on graphite imports from China. a critical material used in EV and tech batteries.

📦 Why It Matters:

Graphite is a core material in electric vehicle (EV) batteries, and China is the world’s largest supplier

The U.S. found evidence of unfair subsidies that created market distortion

This move is part of a broader push to secure domestic supply chains and reduce reliance on Chinese tech exports.

📌 Reuters reports this is a preliminary finding, subject to verification and final decision in the coming months.

🔥 Market Impact:

$TRUMP – Political tensions rising ahead of U.S. elections

$PENGU – China-related assets & battery material stocks may face short-term pressure

EV & clean energy sectors could see price volatility

📈 Watch This Space:

Further confirmation or retaliation from China could trigger major moves in global commodities, tech, and EV stocks.

#USChinaTensions #BatteryWar #EVnews #TradeWar2 #Graphite #CleanEnergy #Write2Earn #$TRUMP #$PENGU