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"Biden Doubles Tariffs On Chinese Solar Panel Components"

"The Biden administration will double tariffs on certain solar panel components that are made in China, it announced Wednesday.

Starting in January, imports of Chinese solar wafers and polysilicon will carry a 50 percent tariff, up from the current levy of 25 percent. Polysilicon is a type of silicon that is used to make solar panels, while wafers are the semiconductors used in the panels.

In addition, the administration said it would increase tariffs on certain Chinese products made out of the mineral tungsten, which has applications in the aerospace, automotive, defense, medical, and oil and gas industries.

In a written statement, U.S. Trade Representative Katherine Tai said the increased tariffs would hurt China and support U.S. investments."

Rachel Frazin reports for The Hill December 11, 2024.

Source: The Hill, 12/12/2024