Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

U.S. to Hit China Hard with Higher Solar Tariffs by 2025

Daniel Kim Views  

President Joe Biden / Shutterstock
President Joe Biden / Shutterstock

The Biden administration recently announced plans to double tariffs on Chinese solar wafers and polysilicon materials by 2025.

According to The Verge, starting January 1, 2025, the U.S. will significantly increase tariffs on Chinese solar wafers, polysilicon, and certain tungsten products. Specifically, tariffs on polysilicon and solar wafers will rise from 25% to 50%, while tariffs on certain tungsten products used to manufacture weapons and computer chips will increase from 0% to 25%.

This measure is part of plans to bolster domestic clean energy supply chains. Chinese firms produce over 75% of the world’s polysilicon, and China controls more than 80% of global production capacity when considering all stages of solar panel manufacturing, including polysilicon and wafers.

U.S. manufacturers welcome this new plan. Mike Carr, Executive Director of Solar Energy Manufacturers for America (SEMA), described the trade measure as “a step in the right direction” to counter China’s widespread government subsidies in solar manufacturing.

Daniel Kim
content@viewusglobal.com

Comments0

300

Comments0

[WORLD] Latest Stories

  • Ukraine’s Bold Crypto Move: Legalizing Digital Assets by 2025 – No Tax Breaks, But Big Gains
  • Trump Pledges to End Ukraine War With Help From His ‘Good Relationship’ with Kim Jong Un
  • North Korea’s Game Plan: More Nuclear Tests, New Military Alliances, and Tensions with the U.S.
  • Shocking FBI Reward – $5 Million for Info on 14 North Koreans Stealing U.S. Jobs and Secrets
  • Trump’s Peace Plan: European Troops in Ukraine Without U.S. Involvement – Will It Work?
  • EU Troops in Ukraine? Major Military Shift Under Consideration by France and Poland

You May Also Like

  • 1
    North Korea’s Currency Crisis: The Dollar Dominates While Won Struggles

    ASIA 

  • 2
    North Korea’s Tips for Growing Smart and Happy Kids: Approach to Early Education Revealed

    ASIA 

  • 3
    Why President Yoon Wants 'North Korea Bomber' Han K Ho as Defense Minister

    DEBATE 

  • 4
    China and U.S. Clash Over Garlic: Senator Tim Scott Slams Chinese Imports, Accuses of Food Safety Issues

    DEBATE 

  • 5
    China Fires Back at South Korea: 'Surprised and Dissatisfied' Over Spy Claims

    ASIA 

Popular Now

  • 1
    Is North Korea Still Funding Terror? U.S. Labels the Country a State Sponsor of Terrorism Once More

    LATEST 

  • 2
    NVIDIA's Big Move in China: 1,000 New Hires to Boost AI Automotive Projects

    BUSINESS 

  • 3
    Goldman Sachs Predicts Tesla and Rivian Will Dominate Self-Driving Cars

    BUSINESS 

  • 4
    U.S. Inflation Slows, But Experts Say It’ll Take Time to Cool Off

    BUSINESS 

  • 5
    Elon Musk Breaks Records—$400 Billion Net Worth Makes Him the Richest

    BUSINESS 

Must-Reads

  • 1
    North Korea’s Currency Crisis: The Dollar Dominates While Won Struggles

    ASIA 

  • 2
    North Korea’s Tips for Growing Smart and Happy Kids: Approach to Early Education Revealed

    ASIA 

  • 3
    Why President Yoon Wants 'North Korea Bomber' Han K Ho as Defense Minister

    DEBATE 

  • 4
    China and U.S. Clash Over Garlic: Senator Tim Scott Slams Chinese Imports, Accuses of Food Safety Issues

    DEBATE 

  • 5
    China Fires Back at South Korea: 'Surprised and Dissatisfied' Over Spy Claims

    ASIA 

Popular Now

  • 1
    Is North Korea Still Funding Terror? U.S. Labels the Country a State Sponsor of Terrorism Once More

    LATEST 

  • 2
    NVIDIA's Big Move in China: 1,000 New Hires to Boost AI Automotive Projects

    BUSINESS 

  • 3
    Goldman Sachs Predicts Tesla and Rivian Will Dominate Self-Driving Cars

    BUSINESS 

  • 4
    U.S. Inflation Slows, But Experts Say It’ll Take Time to Cool Off

    BUSINESS 

  • 5
    Elon Musk Breaks Records—$400 Billion Net Worth Makes Him the Richest

    BUSINESS 

Share it on...