The Climate Cost of America’s Infinite Tariffs: David Fickling

April 24, 2025, 8:00 PM UTC

There are few places where inflation is felt as profoundly these days as tariff rates.

A few months ago, President Donald Trump’s election campaign promise of a 10% levy on all US imports seemed shocking. Now we’re looking at a 46% rate on Vietnam, and 145% on China.

This week, Washington went one better: If you’re manufacturing solar panels in Cambodia, you could face a 3,521% impost on any modules sent off to the US. Alongside lower levies imposed on Malaysia, Thailand and Vietnam, that means about 80% of US panel imports face taxes that make Trump’s Liberation Day tariffs look ...

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