In 2024, will China introduce new export tariffs on rare earth elements?
56
1.7kṀ14k
resolved Jan 9
Resolved
NO

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China has a history of using export tariffs as a tool to achieve political and economic goals, including in the rare earth industry, and this could be a major play in the ongoing trade wars, and have an affect on the budding AI and clean energy geopolitical conflicts.

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@FUTURESEARCH this should resolve to NO. AFAIK, only export restrictions were introduced on certain rare earth elements - some as recently as November.

Why isn't this market being resolved? There were announcements of export restrictions yesterday

sold Ṁ142 NO

@ffaxz34 Thanks for pointing this out. Uhm, is it a tariff or a ban? https://www.nytimes.com/2024/12/03/world/asia/china-minerals-semiconductors.html
The awkward thing is the market is about tariffs, and this is a ban.

@ffaxz34 what tariffs have been introduced on metals?

@Fedor Ah, quite fair - the market should have been worded a bit differently perhaps. My bad I suppose.

Not clear on if this resolves YES on announcement or implementation. "Introduce" seems ambiguous.

@Sketchy Thanks for the call out. Introduction of a tariff will refer to the announcement in this case. When a country introduces tariffs, the introduction typically refers to the announcement rather than the implementation.

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