yeah but China has value add concessions for ' Exported ' goods on imported products . Also they are free or exempted from their equivalent GST or supply side taxes. So in effect , if they ( the tariff's ) are increasing the effective ' Export ' value of the chemicals , then the tax offset for these goods will adjust accordingly and effectively reduce the cost for the Chinese exporters.
Would be better if there could be a ' Reverse ' tariff on the raw materials of Spodumene or Carbonate charged to China. In this case , they would still offset it from an ' Input ' credits point of view to a degree ...., but at least the raw materials if sourced outside of China would be more the driving force for a separate minerals price which would be disconnected somewhat from the value added chemical products where they ( China ) currently have market control of.
SYA Price at posting:
1.6¢ Sentiment: None Disclosure: Held
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