US Proposes 93.5% Tariff on Chinese Graphite, Raising EV Battery Costs for Tesla and Ford Amid Trade Tensions

US Proposes 93.5% Tariff on Chinese Graphite, Raising EV Battery Costs for Tesla and Ford Amid Trade Tensions

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The U.S. Commerce Department has unveiled plans for a staggering 93.5% tariff on Chinese graphite, a move that could reshape the global supply chain for electric vehicle batteries.

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