TSXV:FCO.H - Post by User
Comment by
tiger6301on Sep 19, 2018 7:36am
93 Views
Post# 28644779
RE:RE:RE:π«ππ«U.S. Imposes New Tariff on Cobaltπ«ππ«
RE:RE:RE:π«ππ«U.S. Imposes New Tariff on Cobaltπ«ππ«It is very likely, bacause NO North American users or Banks care about ECO.
tiger
mikerosoft667 wrote: Good news. I was worried China would manipulate Cobalt control. They own a lot of the DRC supply. But I wonder if we are pissing into a bigger demand pool than we want to. Was China going to be off taking Cobalt from North America ?
reeJoey wrote: BIG NEWS. Trump just increased the value of ECS's cobalt by 10% and possibly 25% in January unless Communist China starts abiding by the WTO terms to which it guaranteed it would follow. Problem is that the communist Chinese couldn't care less about anything they agreed to in international agreements--their culture has nothing like the Western notion of ethics.
______________________
The US Trade Representative or USTR said that aluminum and steel items, including aluminum scrap and stranded wire plus stainless steel and alloy steel products, will be subject to a 10% tariff starting September 24. The tariff rate will increase to 25% on January 1, 2019.
Copper, zinc, molybdenum, lead, cobalt, tin and titanium will also be taxed, along with a variety of non-metals goods.