Reported about 6 hours ago
The Biden administration is set to raise tariffs on imports of Chinese solar wafers, polysilicon, and certain tungsten products to 50% and 25%, respectively, starting January 1, as part of efforts to protect U.S. clean energy industries and strengthen supply chains. This move follows heightened trade tensions, with the U.S. tightening restrictions on Chinese semiconductor technologies and China retaliating by banning exports of critical minerals. The increasing tariffs are part of an ongoing investigation into Chinese trade practices aimed at promoting a clean energy economy.
Source: YAHOO