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US finalises tariff hikes on more green tech imports from China
The Straits Times
|December 13, 2024
WASHINGTON - The US firmed up tariff hikes on Dec 11 on more Chinese imports, including crucial solar panel components, following recent efforts by China to guard its green energy sector.
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The latest moves announced by the US Trade Representative's (USTR) office cap a review of tariffs imposed during President-elect Donald Trump's first administration.
Rates for solar wafers and polysilicon, used in solar cell manufacturing, are due to double in January to 50 per cent. Those on certain tungsten products will rise from zero to 25 per cent.
"The tariff increases announced today will further blunt the harmful policies and practices by the People's Republic of China," said US Trade Representative Katherine Tai in a statement.
Denne historien er fra December 13, 2024-utgaven av The Straits Times.
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