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.
Treasury Secretary Janet Yellen faced a round of questioning that saw the Democrats applaud her, and the Republicans admonish her for a little over two hours during Tuesday’s House Ways & Means Committee hearing.
CPA strongly supported a previous AD/CVD case filed by Auxin Solar where the Commerce Department determined that Chinese companies operating in Malaysia, Thailand, Vietnam, and Cambodia are illegally circumventing.
Despite USMCA being the “gold standard” trade agreement, Mexican trade problems are increasing with the U.S. The Senate Finance Committee on Wednesday brought up the
“Our tax code is supposed to support American manufacturers in building out genuine domestic supply chains. It shouldn’t be exploited by the Chinese Communist Party,” said Brown.
The 118th Congress (2023-2024) is easily the best Congress we’ve had in the 21st century when it comes to tariff policy. U.S. Senators in particular are introducing new tariff bills for different products and industries.