Biden waives solar panel tariffs for four countries, invokes defence law

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WASHINGTON: President Joe Biden waived tariffs on solar panels from four Southeast Asian nations for two years and invoked the Defense Production Act to spur solar panel manufacturing at home, the White House said on Monday (Jun 6), confirming a Reuters report. The tariff exemption applies to panels from C

WASHINGTON: President Joe Biden waived tariffs on solar panels from four Southeast Asian nations for two years and invoked the Defense Production Act to spur solar panel manufacturing at home, the White House said on Monday , confirming a Reuters report.

The move comes in response to concerns about a freezing of solar projects nationwide and the resulting impact on the administration's plans to fight climate change. The investigation, announced in March, is considering whether solar panel imports from the four countries were circumventing tariffs on goods made in China.

"With a stronger clean energy arsenal, the United States can be an even stronger partner to our allies, especially in the face of Putin’s war in Ukraine," the White House said in a statement.

 

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