American Graphite Makers Push for 920% Tariffs
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The price of batteries could surge, with some component prices doubling, if the U.S. imposes an additional hefty tariff on U.S. imports of graphite from China that the American battery material makers seek, industry analysts say. Energy storage and EV batteries could see costs in the U.S. more than double with an escalation of the trade wars in critical minerals, per a report by investment bank Roth Capital Partners cited by the South China Morning Post. This report followed last week’s call by the American Active Anode Material Producers…
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