Issues concerning tariffs and supply chains continue to dominate trade issues between China and the U.S. The Biden administration continue to roll out new trade initiative and measures -- especially as they relate to and support newer U.S. … | Stuart Malawer June 10 | Issues concerning tariffs and supply chains continue to dominate trade issues between China and the U.S. The Biden administration continue to roll out new trade initiative and measures -- especially as they relate to and support newer U.S. fiscal tax and subsidy legislation. For example, as they concern EV's and their batteries. "Washington putting pressure on EV and battery makers to build a new non-Chinese supply chain for graphite anodes, a crucial component in electric vehicle batteries. The US trade representative announced that 25 per cent tariffs on natural and synthetic graphite anodes from China …. While natural graphite — a form of carbon — is relatively abundant, almost all natural graphite processing and 98 per cent of synthetic graphite production for battery-grade anodes is presently conducted in China." "U.S. Tariffs and China's Graphite." Financial Times (June 10th, 2024). | | | | You can also reply to this email to leave a comment. | | | | |
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