 Energy & Environment |
Energy & Environment |
|
|
Biden quadruples tariffs on Chinese EVs |
The Biden administration on Tuesday announced that it was hiking up tariffs on Chinese electric vehicles (EVs) and solar cells. |
The tariffs on Chinese electric vehicles will quadruple, from 25 percent to 100 percent. Chinese solar cells, which make up solar panels, will see their duties double from 25 percent to 50 percent. The EV tariffs are largely symbolic, as the existing tariffs have largely kept Chinese imports out. They come a few months after President Biden in February ordered a probe of potential national security risks associated with Chinese-made vehicles with internet connectivity, which includes EVs. Nevertheless, the increases generally demonstrate a Biden administration effort to show support for U.S. manufacturing — at a time where his push toward vehicle electrification has come under scrutiny from unions, as well as Republicans. The solar cell tariffs, were first imposed by then-President Trump in 2018, with Biden extending them again in 2022. Trump has himself vowed to impose an aggressive round of tariffs on Chinese imports if he returns to the White House next year, including a 100 percent duty on all vehicles manufactured by Chinese manufacturers in Mexico. Outside of this effort, the administration has largely sought to bolster the adoption of EVs and renewable energy, including through tax credits passed in 2022 as well as vehicle emission regulations. Read more in a full report at TheHill.com. |
Welcome to The Hill's Energy & Environment newsletter, we're Rachel Frazin and Zack Budryk — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. |
|
|
How policy will affect the energy and environment sectors now and in the future: |
|
|
House Democrats are probing President Trump's request for $1 billion in campaign cash from major oil companies. |
| |
| President Biden late Monday signed a bipartisan bill that bans U.S. imports of Russian uranium for use in nuclear fuel. |
| |
|
President Biden on Tuesday defended his announcement of increased tariffs on Chinese imports, seeking to contrast his policies with those of former President Trump. |
| |
|
Branch out with a different read on The Hill: |
|
|
A coalition of Republican state attorneys general on Tuesday announced two lawsuits against the Biden administration and the state of California challenging emissions rules for trucks and other heavy-duty vehicles. |
|
|
Upcoming news themes and events we're watching: |
EPA Administrator Michael Regan is slated to appear at a House Energy & Commerce Committee hearing on the fiscal 2025 budget request for the Environmental Protection Agency (EPA)
The Senate Energy and Natural Resources Committee will hold a hearing to examine the president's budget request for the National Park Service for fiscal year 2025 The Senate Appropriations Committee will hold a hearing to examine the proposed budget for the Army Corps of Engineers and the Bureau of Reclamation. Heads of those agencies are slated to appear
|
|
|
News we've flagged from other outlets touching on energy issues, the environment and other topics: |
|
|
Two key stories on The Hill right now: |
|
|
Former President Trump's ex-fixer Michael Cohen officially underwent long-anticipated, fiery cross-examination by his former client's defense team Tuesday, culminating into the New York hush money trial's main event. Read more |
| Former President Trump's lawyers began their quest to undercut his former attorney-turned-enemy Michael Cohen on Tuesday. Read more |
|
|
Op-ed related to energy & environment submitted to The Hill: |
|
|
You're all caught up. See you tomorrow! |
1625 K Street NW, 9th Floor, Washington, DC 20006 |
Copyright © 1998 - 2024 Nexstar Media Inc. | All Rights Reserved. |
|
|
|
If you believe this has been sent to you in error, please safely unsubscribe.
No comments:
Post a Comment