The U.S. Department of Commerce announced a 93.5% anti-dumping duty on Chinese anode-grade graphite, and the Foreign Ministry responded.

[U.S. Department of Commerce announces a 93.5% anti-dumping duty on China’s anode-grade graphite, Ministry of Foreign Affairs responds] According to reports from Reuters and other media, the U.S. Department of Commerce determined on July 17 that there were unfair subsidies on imports of graphite from China, deciding to impose a preliminary anti-dumping duty of 93.5% on China’s anode-grade graphite. Graphite is a key material for electric vehicle batteries. At a regular press conference of the Chinese Ministry of Foreign Affairs on July 18, spokesperson Lin Jian stated in response to a specific question that it is advisable to inquire with the relevant Chinese authorities. I want to point out here that the essence of China-U.S. economic and trade cooperation is mutual benefit and win-win outcomes, and we hope that the U.S. side will earnestly abide by market economy rules and maintain the healthy and stable development of China-U.S. economic and trade relations. (Global Times)