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WASHINGTON, USA, May 18 - The Joe Biden administration's doubling of the import tax on Chinese solar cells to 50 percent on Tuesday has been opposed by Kenya breaking news | Kenya news today |
GOP lawmakers: 'China controls the components needed for renewable energy.' And experts advised that only new 'protectionist' tariffs could beat China's monopoly
Many planned U.S. solar factories probably won't be built as cheap imports from Chinese companies push global cell and panel prices so low that even federal subsidies can't sustain domestic plants, a report warns.
Proposed manufacturing plants may be canceled because of solar imports, researchers said.
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