Biden hits Chinese electric cars and solar cells with higher tariffs
As well as a rise from 25% to 100% on electric vehicle tariffs, levies on solar cells will increase from 25% to 50%. Tariff rates on certain steel and aluminium products will more than triple to ...
South Africa imposes 10% import tariff on solar panels
The International Trade Administration Commission of South Africa (ITAC) has imposed a 10% import tariff on solar panels to protect local manufacturers, attract investment, and deepen the value chain.
Sunrise brief: U.S. government doubles tariff rates on PV cell …
U.S. government doubles tariff rates on PV cell imports from China to 50% The administration of President Joe Biden raised tariff rates on PV cell imports from China from 25% to 50% also increased the tariff rates for semiconductors, electric vehicles, and EV batteries from China, among other goods.
US sharply raises tariffs on Chinese EVs and semiconductor imports
China''s foreign ministry said Beijing "opposes unilateral tariff increases that violate World Trade Organization rules and will take all necessary measures to safeguard its legitimate rights ...
President Biden raises quota on tariff-free solar cell imports
On Monday, President Biden raised the Section 201 tariff-rate quota on solar cell imports: an increase to 12.5 GW of duty-free cells allowed, up from 5 GW. Imported solar cells currently carry a 14.25% tariff (the tariff rate declines 0.25 percent per year). ... (AD/CVD) imposed on China-origin modules and cells, ...
USTR Issues Details of the Proposed Section 301 China Tariff Increases ...
On May 22, 2024, the United States Trade Representative ("USTR") unveiled the details of the proposed increases in Section 301 tariffs on imports from China.1 If adopted, the action would raise tariffs on solar power products, electric vehicles, batteries, critical minerals, semiconductors, ship-to-shore gantry cranes, steel and …
President Biden Extends Safeguard Measure on Solar ...
On February 4, 2022, President Biden issued a Proclamation extending the United States'' safeguard measure on imports of certain crystalline silicon photovoltaic (CSPV) cells (whether or not partially or fully assembled into other products). The Proclamation extends the safeguard measure for four years (the maximum period allowed by law), but reduces …
US government doubles tariff rates on PV cell imports from China …
The administration of US President Joe Biden has raised tariff rates on PV cell imports from China from 25% to 50%. It has also increased the tariff rates for …
The tariff hike on solar cells is also unlikely to impact either US importers or Chinese exporters due to the tiny number of Chinese solar cells that the US imports. While China dominates the global photovoltaic industry, Chinese solar cells accounted for just 0.06 percent of the US''s total imports of tariff-targeted solar cell products in 2023.
U.S. Raises Tariffs on $8B China Imports: EVs, Batteries, and …
Tariffs on solar cells will also be increased, with the following changes: Tariff Increase: The tariff rate on solar cells (whether or not assembled into modules) will increase from 25% to 50% in 2024. Rationale: China''s policy-driven overcapacity depresses prices and inhibits solar capacity development outside China.
US to raise tariffs on EVs, batteries, solar cells, and computer
"To encourage China to eliminate its unfair trade practices regarding technology transfer, intellectual property, and innovation, the President is directing increases in tariffs across strategic ...
Solar panel import tariffs are affecting the industry by increasing ...
Clean Energy Associates released a summary of the seven solar module trade policies and solar panel import tariffs currently in place, including AD/CVD rulings, Section 201/302, and the Uyghur Protection Act. These tariffs have significantly increased, or will increase, the cost of hardware imports into the United states - predominantly from …
U.S. Adds Tariffs to Shield Struggling Solar Industry
The tariffs, which will apply to certain solar products made by Chinese companies in Southeast Asia, kicked in at a moment of growing global concern about a …
Biden slaps new tariffs on Chinese imports, ratcheting trade war
Trump''s broader imposition of tariffs during his 2017-2021 presidency kicked off a tariff war with China. As part of the long-awaited tariff update, Biden will increase tariffs this year from 25 ...
New US tariffs on Chinese electric vehicles, batteries and solar …
The tariff rate on solar cells will increase from 25% to 50% in 2024. The White House said China has used unfair practices to dominate upwards of 80% to 90% of …
New US Tariffs on Chinese Electric Vehicles, Batteries and Solar …
The tariff rate on solar cells will increase from 25% to 50% in 2024. The White House said China has used unfair practices to dominate upwards of 80% to 90% of …
FACT SHEET: Biden-Harris Administration Takes Action to …
Earlier this week, the Biden-Harris Administration directed the U.S. Trade Representative Katherine Tai to increase tariffs under Section 301 of the Trade Act of 1974 on $18 billion of imports from China to protect American workers and businesses – including by doubling the tariff rate on solar cells and modules from 25% to 50%.
Now, President Biden has directed Rep. Tai to add or increase tariffs for certain Chinese products, including: Electric vehicles — increased to 100% in 2024; …
White House increases Chinese tariffs for critical industries like ...
Solar cells. The tariff rate on solar cells (whether or not assembled into modules) will increase from 25% to 50% in 2024. The White House argues this tariff will protect against China''s "policy-driven overcapacity that depresses prices" and inhibits the development of solar capacity outside of China.
Department of Commerce issues final ruling to tighten up AD/CVD
Later in 2022, the DOC revealed that imports of some PV cells and modules produced in four Southeast Asian countries were circumventing AD/CVD orders on solar cells and modules from China. Over 20 ...
Biden to increase Section 301 tariffs on solar cells to 50%
Under Section 301 of the Trade Act of 1974, solar cells – whether assembled or not into modules – tariffs will increase from 25% to 50% this year in a …
US solar builders brace for higher costs as Biden hikes tariffs
Last week, President Biden announced plans to increase U.S import tariffs on Chinese solar cells and panels from 25% to 50% among a host of other products, on the grounds of unfair Chinese ...
US government extends Section 201 tariffs on imported PV panels, cells
The Biden administration has upheld an exclusion for bifacial panels in its new extension of Section 201 tariffs, while ramping up the annual tariff rate quota for cells to 5GW.
Biden announces new China tariffs on electric vehicles, solar, …
Biden announced new tariffs on $18 billion worth of Chinese imports, including a sharp hike on electric vehicles, to help protect his administration''s investments.
US government reinstates bifacial solar module tariffs
The Office of the President has turned its focus to solar panels, announcing the removal of the bifacial solar panel Section 301 tariff exclusion and addressing issues of stockpiling during trade ...
