US targets China’s solar dominance with 50% tariffs on solar wafers and polysilicon — tungsten products will see a 25% increase
December 12, 2024

US targets China’s solar dominance with 50% tariffs on solar wafers and polysilicon — tungsten products will see a 25% increase

according to BloombergThe Office of the United States Trade Representative (USTR) will double tariffs to 50% on imported solar-grade polycrystalline silicon, silicon wafers and tungsten products from China starting January 1, 2025. Efforts to dominate supply chains and strengthen domestic manufacturing are consistent with the Biden administration’s clean energy goals.

The tariffs were initially imposed in response to China’s alleged unfair trade practices and were intended to address market distortions caused by Chinese industrial subsidies and overcapacity. Polycrystalline silicon and silicon wafers are key components in solar panel production, and China currently controls a large portion of global supply. The United States hopes higher tariffs will spur local production and reduce reliance on imports.

2024-12-12 16:43:43

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