US Producers Target Chinese Graphite with Trade Action

Investing.com — US producers of a critical material for electric vehicle batteries have initiated a trade action to seek significant tariff increases on Chinese graphite. They claim that substantial state subsidies from Beijing are lowering prices, hindering competition.

A trade association for US graphite producers submitted petitions to two federal agencies after business hours on Tuesday. These petitions request investigations into possible anti-dumping law violations by Chinese firms, according to documents reviewed by Bloomberg News.

The industry group aims to impose punitive tariffs of up to 920% on Chinese graphite as retaliation. This action represents an early indication of potential high-stakes disputes among strategic industries as Donald Trump takes office, promising significantly higher import duties.

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