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Macro Finance

US-Backed Lithium Americas Hit by Rising Costs on Trump Tariffs

Bloomberg Markets·November 11, 2026·1 min read

Lithium Americas Corp.'s Nevada mine, intended to reduce US dependence on China for battery minerals, is being hit hard by Trump administration tariffs. Rising costs from the tariffs are hampering the project, undermining its goal of securing a domestic supply chain for critical minerals. The company faces financial strain as a result.

Read at Bloomberg Markets
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