President Donald Trump has imposed a 93.5% anti-dumping tariff on Chinese graphite, after the U.S. Commerce Department concluded that China had been selling the material in the U.S. at unfairly low prices.

Graphite is a key raw material used to make anodes of the batteries, and nearly 180,000 metric tons of graphite products were imported into the US last year, with about two-thirds of these deliveries coming from China, according to BloombergNEF.

President Donald Trump's tariffs are almost "tailor-made" to hit the goods that lower income households prefer to purchase, says economist Ernie Tedeschi of Yale's nonpartisan Budget Lab.

Analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more stimulus.

A record share of American firms froze investments in China as trade ties worsened earlier this year, a recent survey suggests.

Recent data from the Labor Department has shown that the price of foreign exports to the U.S. — before tariffs — has held steady over the last few months. That means U.S. importers are absorbing most of the tariff burden.

China’s economy slowed in the second quarter even as it topped market forecast in a show of resilience against U.S. tariffs, though analysts warn of underlying weakness and rising risks that will ramp up pressure on Beijing to roll out more stimulus.

Investopedia is tracking the prices of toasters, tomatoes and toilet paper—our 3T Survey—for a snapshot of how tariffs are working their way through the economy.