Duties on Electromagnets, Batteries, and Photovoltaic Cells from Certain Countries.
The bill imposes import duties on electromagnets, batteries, and photovoltaic cells. The rate is 25% for articles produced in countries other than specified allies (e.g., NATO members, Mexico, Chile). For articles produced in China or by Chinese entities in other countries, the rates are significantly higher and escalate over time, reaching up to 800% after three years.
Key points
Imposition of duties ranging from 25% to 800% on imported electromagnets, batteries, and photovoltaic cells.
The highest tariffs (escalating up to 800% after 3 years) apply to products manufactured in China.
Products originating from specified allied countries (e.g., NATO nations, Mexico, Chile) are subject to different regulations than the 25% rate for other countries.
Status:
Expired
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