Just for a laugh, I ask Chat GPT, Will local lithium companies be more profitable with Bidens new 100% EV tariffs toward China's exports of EV's?
President Biden's new 100% tariffs on Chinese electric vehicles (EVs) are likely to enhance the profitability of local lithium companies. By making Chinese EVs more expensive, these tariffs incentivize the domestic production of EVs and batteries. This, in turn, increases demand for locally sourced lithium, crucial for battery manufacturing. The tariffs, alongside existing measures like the Inflation Reduction Act, encourage investment in the US lithium supply chain, thereby potentially boosting the profitability of American lithium producers (Electrek) .Buy buy buy.....lol
ASN General Discussion, page-19623
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