Sociedad Quimica Y Minera De Chile SA ADR
SQM: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$58.00 | Bdzqr | Yhjwzvl |
US Tariffs on Chinese EVs Do Not Change Our View of US EV Adoption
The US on May 13, 2024, announced a series of new tariffs on Chinese imports. These include a 100% tariff on electric vehicles and a 25% tariff on lithium-ion batteries and battery parts. There was also a 25% tariff on critical minerals, which include graphite, permanent magnets, and cobalt.