Trump’s Massive Tariff on Chinese Batteries Shakes the Market—Korean Makers See a Golden Opportunity

Trump’s Massive Tariff on Chinese Batteries Shakes the Market—Korean Makers See a Golden Opportunity

SEOUL – In a bold move that’s sending shockwaves through the global battery market, the US—under former President Donald Trump’s new administration—has slapped a staggering 145% tariff on Chinese-made lithium-ion batteries used for energy storage. While this dramatic policy shift may aim to curb China’s dominance, it’s also opening up unexpected doors for South Korea’s […]

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