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16.02 - 14:59
Biden Extends Trump’s Solar Tariffs, but Allows More Solar Cells to Enter Duty-Free
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WASHINGTON—The Biden administration said Friday it would extend a set of tariffs on solar-energy imports for four years, but significantly reduce their scope by doubling the amount of solar cells that can enter the U.S. without facing any levies.
The tariffs apply to imports of solar cells and modules globally. About two-thirds of the familiar solar modules that go on rooftops and utility installations are made in China, and about 15% are manufactured by countries in Southeast Asia, often at Chinese-owned companies, according to the data from IHS Markit . U.S. producers make about 2%.
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