The downfall of US auto industry because they supported a nazi moron manchild to gain power, needs to be studied.
That’s really stupid.
Last nail in the coffin of the domestic traction battery manufacturing for BEV’s.
So if I understand correctly, graphite is tariffed at 93.5 but if you just straight up imported EV batteries you’d be paying 54 or so? Sounds like a way to help American manufacturers
“Cutting off your nose to spite your face” comes to mind with this new example of Trump policy. The next elections *cannot* come soon enough imho. Hopefully the damage will be reparable.
Levying an almost 100 percent tariff on Chinese battery materials is useless and counterproductive. As somebody below says it is the equivalent of “cutting off your nose to spite your face.” American corporations and companies, as well as U.S. consumers, will just have to bear the burden of dramatically higher prices. Such a high tariff does absolutely nothing to undermine China’s near monopoly on rare earth mineral mining and processing, let alone their competitive edge in EV batteries and a whole host of other products and technologies reliant on rare earth minerals processed in China.
The Trump Administration is trying to end China’s near monopoly on rare earth mineral mining and processing. President Donald Trump is giving some $400 million to the MP mining company, which owns Mountain Pass, the site of large-scale rare earth mineral deposits. The U.S government is now an MP stakeholder. MP is a partner of the Australian Lynas mining conglomerate in the building of a rare earth mineral processing facility in Texas. Lynas is one of the few rare earth mineral mining companies outside of China that has mastered the technology used in processing rare earth minerals.
This may be a step in the right direction. However, though I obviously am no expert, I think the Trump Administration should approach rare earth mineral processing the same way that the U.S. went about developing COVID-19 vaccines. I think we should have used the Defense Procurement Act not just to aid MP in mastering the technology to process rare earth minerals, but rather should have approached several of MP’s rivals with the same deal. There are several other large-scale rare earth mineral deposits in the U.S. besides Mountain Pass. Moreover, if the U.S. is going to mine and process rare minerals around the world, I believe that we will need the assistance of several U.S. mining companies, in addition to MP.
Republicans. Not the US. The Republican Party of the U.S.
Sabotaging their own economy and surrendering the future of energy and manufacturing dominance to China to own the libs.
More poverty, less freedom, more pollution, less healthcare. Just one giant shithole red state with all the global influence of Mississippi.
Maybe this is why QS stock has been doing well?
Muricans be like: oh, battery price have doubled? Nice
Anyone thought about going back to horses? 100% organic and renewable.
10 comments
The downfall of US auto industry because they supported a nazi moron manchild to gain power, needs to be studied.
That’s really stupid.
Last nail in the coffin of the domestic traction battery manufacturing for BEV’s.
So if I understand correctly, graphite is tariffed at 93.5 but if you just straight up imported EV batteries you’d be paying 54 or so? Sounds like a way to help American manufacturers
“Cutting off your nose to spite your face” comes to mind with this new example of Trump policy. The next elections *cannot* come soon enough imho. Hopefully the damage will be reparable.
Levying an almost 100 percent tariff on Chinese battery materials is useless and counterproductive. As somebody below says it is the equivalent of “cutting off your nose to spite your face.” American corporations and companies, as well as U.S. consumers, will just have to bear the burden of dramatically higher prices. Such a high tariff does absolutely nothing to undermine China’s near monopoly on rare earth mineral mining and processing, let alone their competitive edge in EV batteries and a whole host of other products and technologies reliant on rare earth minerals processed in China.
The Trump Administration is trying to end China’s near monopoly on rare earth mineral mining and processing. President Donald Trump is giving some $400 million to the MP mining company, which owns Mountain Pass, the site of large-scale rare earth mineral deposits. The U.S government is now an MP stakeholder. MP is a partner of the Australian Lynas mining conglomerate in the building of a rare earth mineral processing facility in Texas. Lynas is one of the few rare earth mineral mining companies outside of China that has mastered the technology used in processing rare earth minerals.
This may be a step in the right direction. However, though I obviously am no expert, I think the Trump Administration should approach rare earth mineral processing the same way that the U.S. went about developing COVID-19 vaccines. I think we should have used the Defense Procurement Act not just to aid MP in mastering the technology to process rare earth minerals, but rather should have approached several of MP’s rivals with the same deal. There are several other large-scale rare earth mineral deposits in the U.S. besides Mountain Pass. Moreover, if the U.S. is going to mine and process rare minerals around the world, I believe that we will need the assistance of several U.S. mining companies, in addition to MP.
Republicans. Not the US. The Republican Party of the U.S.
Sabotaging their own economy and surrendering the future of energy and manufacturing dominance to China to own the libs.
More poverty, less freedom, more pollution, less healthcare. Just one giant shithole red state with all the global influence of Mississippi.
Maybe this is why QS stock has been doing well?
Muricans be like: oh, battery price have doubled? Nice
Anyone thought about going back to horses? 100% organic and renewable.
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