President Joe Biden volition contiguous waive tariffs for 24 months connected star panels made successful Southeast Asia successful effect to a Department of Commerce (DOC) probe that is destabilizing the US star industry.
Biden’s enactment comes successful effect to a DOC probe into whether Southeast Asian star compartment manufacturers are utilizing parts made successful China that would usually beryllium taxable to a tariff.
The US star manufacture relies connected star module imports to conscionable increasing demand. As Electrek reported connected May 16:
The immense bulk of the US star manufacture asserts that the DOC investigation, which launched connected April 1, volition devastate star businesses and privation it to beryllium dismissed. Most besides don’t deliberation the probe – the effect of a petition filed by a azygous US star crystalline silicon photovoltaic compartment shaper who is incapable of supplying the full US star manufacture – should person been launched to statesman with.
Reuters besides reported successful an exclusive yesterday that “Biden besides volition invoke the Defense Production Act to thrust US manufacturing of star panels and different cleanable vigor technologies successful the future, with the enactment of loans and grants, the sources said.”
The Biden medication is moving to spur the accelerated maturation of home manufacturing of star components, but does not privation to interfere with the DOC inquiry.
Biden’s waiver volition use to Cambodia, Malaysia, Thailand, and Vietnam and tally parallel to the investigation.
Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association, said in a connection today:
We applaud President Biden’s thoughtful attack to addressing the existent situation of the paralyzed star proviso chain…
While the Department of Commerce probe volition proceed arsenic required by statute, and we stay assured that a reappraisal of the facts volition effect successful a antagonistic determination, the president’s enactment is simply a much-needed reprieve from this industry-crushing probe. During the two-year tariff suspension window, the US star manufacture tin instrumentality to accelerated deployment portion the Defense Production Act helps turn American solar manufacturing.
Thank you @POTUS and each who worked tirelessly to find a thoughtful solution. Now……let’s get backmost to deploy, deploy, deploy AND increasing our home manufacturing base. ☀️☀️☀️ https://t.co/QIPgSti9yN
— Abby Hopper (@HopperAbby) June 6, 2022
Read more: US star is nether menace from a DOC inquiry, but the commerce caput won’t measurement in
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