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Biden doubles tariffs on Chinese solar panel components

The US Trade Representative announced an increase in import taxes for solar wafers and polysilicon from 25% to 50% starting January 1, 2025.
A new 25% levy will be applied to certain tungsten products used in electronics and semiconductors.
Katherine Tai stated that the tariffs "will further blunt the harmful policies and practices" adopted by China.
The International Energy Agency reported that China accounts for over 80% of the solar panel market at all stages of production.

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A worker handles wafers at the GCL Technology production plant in Xuzhou, Jiangsu Province, China, on Tuesday, July 2, 2024. GCL Technology is one of the world’s largest makers of polysilicon, a key material in solar panels. | Photo: Getty Images Tariffs on solar wafers, polysilicon, and certain tungsten products from China are going to rise dramatically come January 1st, 2025, the Biden administration announced Wednesday. That means higher pri…

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