The sun sets over electric pylons along a solar farm near Weifang in eastern China’s Shandong province on March 22, 2024.
“The tariff increases announced today will further blunt the harmful policies and practices by the People’s Republic of China,” USTR Katharine Tai said in a statement. “These actions will complement the domestic investments made under the Biden-Harris Administration to promote a clean energy economy, while increasing the resilience of critical supply chains.”
“The United States’ claim that Chinese information and communication products pose security risks is completely baseless,” ministry spokesperson He Yadong told reporters at a routine briefing. “We hope that the US will respect facts and stop politicizing and weaponizing economic and trade issues. China will take all necessary measures to firmly safeguard the legitimate rights and interests of Chinese enterprises,” He said without elaborating.
Tungsten is another strategically vital metal whose production is dominated by China. The US does not produce it, but South Korea is a potential big supplier. It’s used to make armaments and is also used in x-ray tubes and light bulb filaments, among other industrial applications. US imports of the metal from China fell to $10.9 million in 2023 from $19.5 million the year before.
His administration has kept in place tariffs that Trump imposed during his first term in office, but says it has a more targeted approach. China accounts for more than 80 percent of the market for solar panels at all stages of production, according to the International Energy Agency, more than double domestic demand for those products. Its huge economies of scale have made solar power more affordable, but also concentrated the supply chain inside China. The IEA has urged other countries to assess their solar panel supply chains and develop strategies to address any risks.
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