U.S. increases and extends clean energy import tariffs on China
- Admin
- Sep 15, 2024
- 1 min read
The U.S. Trade Representative decided to maintain Section 301 tariffs on goods from China, imposing varying tariff rates on different products. The Biden Administration emphasizes a tough approach to tariffs supported by top economic adviser Lael Brainard. NEMA members have invested over $12 billion in expanding clean energy manufacturing in the U.S. despite challenges in global supply chains. Fred Fischer from NEMA expresses concerns on the impact of tariff increases on the electrical industry. The U.S. International Trade Commission extended tariffs on crystalline solar cell imports from China. Mike Carr, executive director of the SEMA coalition, discusses the significance of tariff adjustments on the solar energy industry.
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