U.S. increases and extends clean energy import tariffs on China

RYAN KENNEDY | Source: PV Magazine | Posted 09/16/2024

The U.S. Trade Representative ruled to maintain section 301 tariffs on goods shipped from China. </span The tariffs include 25% on batteries and steel, 50% tariffs of semiconductors, and a 100% tariff rate on Chinese EV imports. The agency said that many of the tariffs will take effect on September 27.

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The U.S. Trade Representative has decided to maintain Section 301 tariffs on imports from China, with rates ranging from 25% on batteries and steel to 100% on Chinese EVs. These tariffs, including a 50% tariff on semiconductors, are set to take effect on September 27. The move reflects the Biden Administration's emphasis on targeted tariffs to address trade issues.

This decision impacts various industries, particularly the electrical manufacturing sector, which is striving to enhance domestic production of clean energy technologies. The National Electrical Manufacturers Association (NEMA) expressed concerns about the tariffs, highlighting the challenges they pose for the industry's competitiveness and supply chain resilience. In a related development, the U.S. International Trade Commission extended tariffs on crystalline solar cell imports from China, citing concerns about potential harm to U.S. businesses if the duties were revoked.

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Source Link: https://pv-magazine-usa.com/2024/09/13/u-s-increases-and-extends-clean-energy-import-tariffs-on-china/

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U.S. increases and extends clean energy import tariffs on China

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