India to Implement 12% Steel Tariffs to Safeguard Domestic Industry

In a significant move to protect its homegrown steel manufacturing sector, India has announced plans to impose tariffs ranging from 12% on specific steel products. This decision comes in response to concerns that excessive imports could inflict long-lasting damage on domestic producers, particularly in light of the ongoing global economic uncertainties.

Continue reading

US Graphite Companies Push for 920% Tariff on Chinese Imports to Protect EV Material Supply

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.

Continue reading