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Planet Money

Bringing a tariff to a graphite fight

Jun 12, 2024 · 25m
AI Summary
  • Reveals that graphite's primary modern use is in lithium-ion batteries for electric vehicles, not pencils as commonly assumed
  • Highlights China's near-monopoly on battery-ready graphite processing, making it a critical chokepoint for global battery supply chains
  • Details President Biden's tariff strategy aimed at reducing U.S. dependence on Chinese graphite and building domestic battery manufacturing capacity

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