US to Raise Tariffs on Solar, EV Imports from China Starting Sept 27, 2024
POWER & RENEWABLE ENERGY

US to Raise Tariffs on Solar, EV Imports from China Starting Sept 27, 2024

Four months after announcing significant tariff increases on imports of solar cells, electric vehicles (EVs), batteries, and critical minerals from China, the US confirmed that the new tariff regime will come into effect on September 27, 2024.

The Office of the US Trade Representative (USTR) indicated that electric vehicles manufactured in China would be subject to a 100% tariff, while solar cells would face a 50 per cent tariff. Additionally, a 25 per cent tariff would apply to EV batteries, critical minerals, aluminium, and steel.

A proposal was made for a 50 per cent tariff on polysilicon used in solar panels starting in 2025. However, the USTR established 14 tariff exclusions to temporarily exempt machinery for solar cell and wafer manufacturing. These exclusions will be applicable to products imported from January 1, 2024, until May 31, 2025. The USTR also chose not to proceed with five other proposed exclusions related to solar module manufacturing equipment.

The USTR noted that the modifications announced in May 2024 were mostly adopted, incorporating several updates to enhance protections for American businesses and workers against what it termed China’s “unfair trade practices,” following the review of over 1,100 public comments.

Four months after announcing significant tariff increases on imports of solar cells, electric vehicles (EVs), batteries, and critical minerals from China, the US confirmed that the new tariff regime will come into effect on September 27, 2024. The Office of the US Trade Representative (USTR) indicated that electric vehicles manufactured in China would be subject to a 100% tariff, while solar cells would face a 50 per cent tariff. Additionally, a 25 per cent tariff would apply to EV batteries, critical minerals, aluminium, and steel. A proposal was made for a 50 per cent tariff on polysilicon used in solar panels starting in 2025. However, the USTR established 14 tariff exclusions to temporarily exempt machinery for solar cell and wafer manufacturing. These exclusions will be applicable to products imported from January 1, 2024, until May 31, 2025. The USTR also chose not to proceed with five other proposed exclusions related to solar module manufacturing equipment. The USTR noted that the modifications announced in May 2024 were mostly adopted, incorporating several updates to enhance protections for American businesses and workers against what it termed China’s “unfair trade practices,” following the review of over 1,100 public comments.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code