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Quote-unquote: On magnets, dispute settlement and climate change

September 22, 2022 at 10:58 AM
Trade talk: Commerce conclusion: magnet imports threaten national security, but don’t impose tariffs . “Despite the heavy dependence of the United States on direct and indirect imports of NdFeB [neodymium-iron-boron permanent] magnets, the [Commerce Department] currently recommends that the administration not impose tariffs, quotas, or other import restrictions on NdFeB magnets or component products. Given the current severe lack of domestic production capability throughout the magnet supply chain, tariffs and quotas would have an adverse impact on consuming sectors and...

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