U.S. to impose over 90% anti-dumping duty on Chinese graphite
發佈日期: 2025-07-18 19:28
TVB News
The U.S. Commerce Department is reportedly planning to set a preliminary anti-dumping levy of 93.5 percent on imports of Chinese graphite, a key component for electric vehicle batteries.
This despite China's repeated statement that its industrial subsidy policy follows the principles of openness, fairness and compliance, and complies with World Trade Organization rules.
The U.S. Commerce Department issued a preliminary ruling on Thursday that anode-grade graphite from China is being sold to the United States below fair market value because of "unfair subsidies."
Chinese suppliers of the material will be hit with anti-dumping tariffs of 93.5 percent, on top of other levies, which could bring the total rate as high as 160 percent.
A final decision is expected by December 5th.
Meanwhile, Chinese Commerce Minister Wang Wentao said that any attempt at forced China-U.S. "decoupling" is bound to fail.
Wang said China-U.S. trade has seen "ups and downs" over the years but remained generally stable, adding the two countries also remain key investment partners, with close exchanges between their business communities.
Wang noted earlier negotiations held in Geneva and London showed there was no need to return to a trade war.
The minister, who met with Nvidia CEO Jensen Huang on Thursday, has affirmed Beijing's commitment to opening up and welcomed multinational corporations such as Nvidia to provide Chinese customers with quality products and services.
In another development, Canada's finance minister said at the G20 gathering in Durban that major economies cannot allow uncertainty to become the new norm in face of trade restrictions and increasing tariffs.
