US Graphite Companies Push for 920% Tariff on Chinese Imports to Protect EV Material Supply
5 days ago
In a significant move to safeguard the domestic electric vehicle (EV) industry, American graphite manufacturers are advocating for a staggering 920% tariff on imported graphite from China. This initiative aims to counteract the monopolization of crucial battery materials and maintain a competitive edge for U.S. companies engaged in the EV market. The steep duty recommendation is rooted in the escalating concerns over supply chain vulnerabilities and nationwide reliance on foreign graphite resources, particularly those originating from China.
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