The U.S. solar manufacturing industry can play an important role in the 21st century economy. But that requires a smart, coherent trade and industrial strategy to counter China.
Last week, Republicans and Democrats from the Senate’s Joint Economic Committee squared off against each other – with one side arguing in favor of industrial policy programs like the Inflation Reduction Act – and the other side arguing in favor of lower corporate taxes.
It’s time for us to stop treating China as a friend and recognize China as the enemy to our national sovereignty that it is.
Will the Pentagon spend $104 million on solar made by a Chinese company? It might be.
After a generation of making cars with Western automakers, China has evolved into an electric vehicle (EV) force to be reckoned with.
The Chinese-dominated solar industry has come under increased pressure lately, with tariffs raised on May 14, a two-year moratorium on dumping duties ending on Thursday, and the U.S. International Trade Commission voting 4-0 to initiate a new solar trade case on Friday.
The evidence put forward by U.S. solar manufacturers documenting predatory Chinese trade tactics is clear, and CPA is pleased that the Department of Commerce has chosen to initiate an investigation.
Holding China accountable for its illegal trade practices will allow for the growth of a more diverse, and more secure, solar supply chain, here in the United States.
This article includes details of products, rate increases, timelines, and the background behind the Biden Administration’s Section 301 Tariff Increase Proposal.
Today’s announcement is a welcome signal step by the Biden administration that it recognizes the importance of supporting America’s solar manufacturing industry and that a whole-of-government approach is needed to counter China’s actions to dominate the global solar supply chain.
