Salem Radio Network News Thursday, October 30, 2025

Business

US set to impose 93.5% tariff on graphite from China, Bloomberg News reports

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(Reuters) -The United States Commerce Department is set to impose preliminary anti-dumping duties of 93.5% on graphite imported from China after concluding the materials, which are a key component for batteries, had been unfairly subsidized, Bloomberg News reported on Thursday.

Reuters could not immediately verify the report.

(Reporting by Chandni Shah in Bengaluru; Editing by Chris Reese)

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