Biden Seeks to Bolster Solar Manufacturers With Tax, Trade Moves

May 16, 2024, 9:00 AM UTC

The Biden administration is initiating a suite of policies that it says will help foster a deeper domestic supply chain for solar panels, following pleas from US manufacturers confronting a surge of tariff-free imports.

The measures, announced on Thursday, include expanded tariffs, tax policy guidance that could heighten demand for some US-made solar equipment and promises of heightened vigilance for signs of unfair trade.

“We’re taking these new actions this week to support US clean energy industries to both make sure we’re doing our part to reduce emissions and to make sure our competition with China is actually fair,” said ...

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