Biden to increase Section 301 tariffs on solar cells to 50%
- Admin
- May 14, 2024
- 1 min read
US President Joe Biden has announced an increase in tariffs on solar cells from 25% to 50% in 2024 under Section 301 of the Trade Act of 1974 to address China's overcapacity issues. The move aims to protect against China's price-depressing policies and stimulate solar capacity development outside China.
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