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China Daily / 2024-06 / 07 / Page012

Biden's tariffs hinder climate goals: Experts

By LIA ZHU in San Francisco | China Daily | Updated: 2024-06-07 00:00

Protectionist measures raise prices for consumers, stall green energy transition

The recent tariff hikes of US President Joe Biden's administration on Chinese imports, particularly on clean energy products, have drawn criticism for potentially slowing the United States' green transition and undermining its climate goals.

The Office of the US Trade Representative announced steep tariff hikes last month on a wide range of Chinese goods, including key components for clean energy technologies.

Experts warn that these tariffs will likely make clean energy products more expensive for US consumers and businesses, potentially slowing down the transition to renewable energy sources.

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