EV Material: The U.S. government is set to decide in May whether to bring graphite into the list of minerals that attract the higher Section 301 tariff.
North American graphite miners are lobbying the US government to impose a 25% tariff on three graphite products sourced from China in order to counter Beijing's monopoly on a key material used in automobile batteries. If successful, the move will pit the miners against their main customers- the original equipment manufacturers (OEMs) and add to tensions with China, which controls the majority of the critical metals used in the world's electric vehicles and other motors. The U.S. government is set to decide in May whether to bring graphite into the list of minerals that attract the higher Section 301 tariff.
Graphite Miners Lobby US Govt to Impose Levy on China-Sourced EV Material usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.