US Set to Impose 93.5% Duty on China Battery Material (Correct)

The US Commerce Department imposed preliminary anti-dumping duties of 93.5% on Chinese imports of graphite, a key battery component, after concluding the materials had been unfairly subsidized.

A trade association representing US graphite producers in December filed petitions with two federal agencies, asking for investigations into whether Chinese companies were violating anti-dumping laws. The new duties will add to existing rates making the effective tariff 160%, according to the American Active Anode Material Producers, the trade group that filed the complaint.

The anti-dumping duty on graphite is set to increase tensions along the global electric-vehicle supply chain that’s already facing …