Mon, May 20, 2024, 02:27:00
President Biden initiated a temporary, 24-month duty-free period in June 2022 to facilitate certain imports from Cambodia, Malaysia, Thailand, and Vietnam to ensure a steady supply of materials while the US' domestic solar manufacturing was ramped up. Since then, US solar manufacturing and deployment have both grown dramatically.
According to the White House, President Biden’s 'Investing in America' agenda has catalysed a clean-energy manufacturing and deployment boom in the US.
In response to this, China has further ramped up its solar capacity and began dumping artificially cheap modules and components onto the global market to circumvent trade enforcement measures in an attempt to put other countries’ manufacturers out of business.
