US suppliers back Chinese battery tariffs
- Admin
- May 15, 2024
- 1 min read
The American Clean Power Association (ACP) approves Biden Administration's decision to increase tariffs on lithium-ion batteries imported from China. ACP believes in the importance of battery energy storage for the electric grid reliability. New tariffs may lead to disruptions in the global supply chain, impacting costs for US consumers. Analysts predict businesses may seek alternative supply chain routes like shipping from China to Mexico due to tariffs.
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