Biden Vetoes Solar Tariff Resolutions

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Source: ABC News
TL;DR Summary

President Joe Biden has vetoed a congressional resolution that would have reinstated tariffs on solar panel imports from Southeast Asia, continuing a two-year delay on tariffs until at least June 2024. Lawmakers from both parties have expressed concerns about what they call unfair competition from China, which has long dominated the global market for manufacturing solar panels. Some U.S. manufacturers contend that China has essentially moved operations to four Southeast Asian countries to skirt U.S. anti-dumping rules. The U.S. industry applauded Biden's action, calling solar panel imports crucial as solar installations ramp up to meet increased demand for renewable energy.

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