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.
111 Articles
111 Articles
Biden administration doubles tariffs on Chinese-made solar products
The Biden administration is raising tariffs on Chinese-made solar products. It’s the latest move to shut out clean energy technologies from China. A notice from the U.S. Trade Representative's office said starting next year, tariffs on China's solar wafers and polysilicon will rise to 50% from 25% and tariffs on certain tungsten products will increase from zero to 25%. This means there will be higher prices on key materials needed to make solar …
Biden administration raises tariffs on solar materials from China
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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