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CHINA Holds 90% of Global Graphite Supply But U.S Slaps 920% Tariff!...What Next?
CHINA Holds 90% of Global Graphite Supply But U.S Slaps 920% Tariff!...What Next?
China's dominance in the global graphite supply has raised concerns, with the Asian giant holding a staggering 90% of the market. But in a surprising move, the US has slapped a 920% tariff on graphite imports from China, sparking tensions between the two nations. What does this mean for the global graphite market, and how will it impact industries that rely heavily on this critical mineral? In this video, we delve into the implications of this trade war and what it could mean for the future of graphite production. From electric vehicle batteries to nuclear reactors, graphite is an essential component in many modern technologies. But with China's grip on the supply chain, can the US and other countries find alternative sources to reduce their dependence on Beijing? Tune in to find out.
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