Northern Graphite Corp V.NGC

1student

[youknowwhat]

My friend, should such a 25% tariff be introduced as soon as you are suggesting it is to be introduced, the cost of both synthetic and natural graphite material and the cost of graphite comprising battery component materials being imported from China is likely about to be increased by 25% 

It is my understanding the 25% tariff was set to expire on December 31 2023 and was extended until May 31 2024. The decision we await is whether the tariff is removed left as is or increased.

I suspect it will be left as is because of the upcoming US election. President Biden can not look soft on China.

[1student]

youknowwhat, Those DJT administration (2018) imposed 301 tarifffs were made to necessarily exclude graphite and graphite battery component material. The fight was on (see the North America Graphite Alliance letter to the U.S. Trade representative and President Biden) to try to stop the exclusion of those DJT administration introduced 25% tariffs on graphite and graphite battery materials. Before