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💡 The US has imposed tariff increases on #electricvehicle and #lithiumion battery imports from China and also introduced new duties on natural #graphite, permanent magnets and certain other #criticalminerals imports. The White House said the steep tariffs are aimed at curbing China’s “unfair trade practices” and “artificially low-priced” exports from flooding its market. ➡️ What do the tariffs mean for #battery production? ➡️ Why does the US want to hike EV tariffs? ➡️ What are the implications across the supply chain? Benchmark experts have analysed the announcement on Benchmark Source - read more via the link below. 📅 Government policies for the #energytransition will be centre stage at Giga USA in Washington DC on 11-13 June. Join Benchmark and leaders from government, industry and finance to be at the heart of the discussion - https://lnkd.in/e_TjiiNa