+
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.

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?