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    "NAGA says its members cannot compete with Chinese companies, which “can set the global price of graphite and engage in unfair trade practices due to China’s massive overcapacity of graphite.” It adds the absence of tariffs is counterproductive when the government is supporting the development of the industry via IRA incentives and loans."

    “There’s a lot of investment and if we don’t have the proper protections in place for this industry, they will have a hard time surviving, especially when it comes to Chinese graphite moving into the country and we’ve seen and heard from our companies that there are concerns with pricing product coming in at a fast pace, and trying to drown out the nascent industry,” Olson warns."

    According to Oxford Economics, imposing tariffs is justified if the purpose is protecting nascent industries, addressing unfair trade practices, prioritising national security considerations and ensuring responsible labour and environmental practices. Economists argue all of these apply in this scenario.
 
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