Biden’s new tax proposal benefits renewable energy. But where tax credits are concerned, can individuals and companies that get those tax credits then use the capital to import green tech from China? What’s stopping them?
The Department of Commerce heard a panel of industry leaders on Thursday discussing the shortage in semiconductors, and asks why we can’t make this stuff at home.
China’s duty-free import scheme may look like a desperation move, but it will facilitate massive purchasing and inventory build-out for China semiconductor companies looking to ramp up fast.