U.S. Skirts Tariffs On Top Chinese Markets
The Biden Administration unveiled fresh tariffs on Chinese imports, including products from batteries to minerals, while carefully sidestepping markets dominated by Chinese supplies.
Mobius Intel Brief:
The Biden Administration unveiled fresh tariffs on several Chinese imports, ranging from electric vehicles and batteries to semiconductors and critical minerals. Behind the headlines, however, the White House carefully sidestepped mineral imports with Chinese-dominated supply chains. Nascent new energy technologies like wind, solar, and power storage face a complicated path to reducing raw material costs while rerouting supply lines. Geopolitical uncertainty remains a potent risk factor for energy resources that rely on foreign natural resources.
Insights Pro: The Minerals & Energy Stakeholders Most Affected by Section 301 Tariffs
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