PLS 2.79% $2.79 pilbara minerals limited

This should slow down the cheap Chinese garbage EVs being dumped...

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    This should slow down the cheap Chinese garbage EVs being dumped into the US?

    https://www.reuters.com/business/us-locks-steep-china-tariff-hikes-many-start-sept-27-2024-09-13/

    https://hotcopper.com.au/data/attachments/6459/6459191-2af58f68bf77ae617fc43d5e2c1f87a6.jpg

    • Summary
    • USTR maintains tariffs of 100% on Chinese EVs, 50% on chips, 25% on batteries, steel
    • USTR doubles duties on Chinese face masks, surgical gloves, syringes
    • China tariff exclusions added on five machinery categories
    • Industry groups warn of higher tariffs disrupting supply chains

    Sept 13 (Reuters) - The Biden administration on Friday locked in
    steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to boost protections for strategic industries from China's state-driven industrial practices.

    The U.S. Trade Representative's office said that many of the tariffs,
    including a 100% duty on Chinese EVs, 50% on solar cells and 25% on steel, aluminum, EV batteries and key minerals, would take effect on Sept. 27.

    continues...
 
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