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New US tariffs on China could help Australian critical minerals

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Washington / Canberra | Australian critical mineral producers could suffer a temporary dip before enjoying an eventual boost to exports following the Biden administration’s new round of tariffs on $US18 billion ($27 billion) worth of Chinese products, trade and commodity experts said.

In a highly anticipated move against China’s dominance in clean energy and technology, the White House announced it would this year jack up tariffs on China’s critical minerals from zero to 25 per cent.

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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
Andrew Tillett writes on politics, foreign affairs, defence and security from the Canberra press gallery. Connect with Andrew on Facebook and Twitter. Email Andrew at andrew.tillett@afr.com

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    Original URL: https://www.afr.com/world/north-america/new-us-tariffs-on-china-could-help-australian-critical-minerals-20240515-p5jdob