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Higher Tariffs on Chinese Green Energy Components to Boost US Independence.

This bill aims to increase US energy independence by imposing escalating tariffs on key green energy goods, such as batteries and solar components, imported from China. Starting at 25% and increasing annually for five years, these duties are intended to reduce reliance on Chinese supply chains and encourage domestic manufacturing. Consumers might face initial price increases for these technologies, but the long-term goal is enhanced national energy security.
Key points
Imposes new, escalating duties on Chinese-made green energy goods (batteries, solar cells, wind components), starting at 25% and increasing by 5% annually for five years.
The primary goal is to reduce US dependence on China for critical energy technology and support American producers.
Requires the government to track and publish data on the production and import volumes of these components, including a report on Chinese industrial subsidies.
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Additional Information
Print number: 118_S_3866
Sponsor: Sen. Hawley, Josh [R-MO]
Process start date: 2024-03-05