Replies to post #112216 on Niocorp Developments Ltd (NB)

[ge11]

Thanks for sharing LA34

[wagner]

Should have an impact, Mr Market reaction later......

[AlwaysOptimistic]

They must be confident on domestic supplies coming on board otherwise don't see the logic in raising tariffs "25% on certain critical minerals, up from zero".

[The_Gman]

FACT SHEET: President Biden Takes Action to Protect American Workers and Businesses from China’s Unfair Trade Practices
https://www.whitehouse.gov/briefing-room/statements-releases/2024/05/14/fact-sheet-president-biden-takes-action-to-protect-american-workers-and-businesses-from-chinas-unfair-trade-practices/

Batteries, Battery Components and Parts, and Critical Minerals

The tariff rate on lithium-ion EV batteries will increase from 7.5%% to 25% in 2024, while the tariff rate on lithium-ion non-EV batteries will increase from 7.5% to 25% in 2026. The tariff rate on battery parts will increase from 7.5% to 25% in 2024.

The tariff rate on natural graphite and permanent magnets will increase from zero to 25% in 2026. The tariff rate for certain other critical minerals will increase from zero to 25% in 2024.