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2.88% 26.8¢ american rare earths limited

Most of the new tariffs announced this week could be felt...

  1. TheAlpha1
    420 Posts.
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    14/05/24
    21:33
    Post #: 73824074

    Most of the new tariffs announced this week could be felt quickly and are set to be implemented this year.

    Others — such as new duties on semiconductors and batteries — are set to phase in more slowly, in 2025 and 2026.

    In total, the sweeping White House announcement Tuesday will impose increased duties on Chinese steel, aluminum, semiconductors, electric vehicles, batteries, critical minerals, solar cells, ship-to-shore cranes, and various medical products.

    The long-awaited announcement will touch an array of sectors, with steel to semiconductors to medical products feeling new duties as soon as this year.

    Electric vehicles are a key focus of the announcement, with duties there set to quadruple in 2024 from 25% to 100%.

    President Biden unveils a historic wave of tariffs on 'strategic' Chinese importshttps://finance.yahoo.com/news/president-biden-unveils-a-historic-wave-of-tariffs-on-strategic-chinese-imports-090001241.html

    BREAKING NEWS!!!! BIDEN PULLED THE TRIGGER FIRST! And off to the races we go!....eek.pngbiggrin.png
    ARR Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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