Resilinc Special Report

Impact of US Commodity Tariffs and Potential Outlook

This report examines the latest U.S. tariff increases on Chinese imports, with a focus on key sectors such as semiconductors, electric vehicle (EV) battery materials, and medical equipment. These tariffs, affecting over $18 billion worth of goods, are part of the U.S. government’s strategy to counter China’s trade practices and bolster domestic production. The report also highlights China’s dominance in the global supply chain and discusses how affected industries can reassess their sourcing strategies and strengthen their supply chains to increase resilience and better navigate the evolving trade landscape.

Learn more in this Resilinc Special Report about the latest U.S. tariff increases on Chinese imports and impacted industries. 

Key Insights:
  • The U.S. introduced stricter regulations on steel and aluminum imports from Mexico to prevent China-origin goods from bypassing tariffs
  • The tariffs initially set a 25% duty on semiconductors; they will increase to 50% by 2025. As a result, imports of semiconductors are expected to decrease
  • By 2030, China is expected to remain the top producer of rare earths, while Australia's share of global production is projected to rise to 18%, and the US is anticipated to maintain a 7% share