To understand why Biden extended tariffs on solar panels, take a closer look at their historical impact
- Written by David J. Feldman, Financial Analyst, National Renewable Energy Laboratory
China's cheaper solar panels made it harder for U.S. companies to compete.Ruan Xuefeng/VCG via Getty ImagesPresident Joe Biden extended tariffs on imported solar panels in February 2022 in a bid to protect domestic manufacturing. These tariffs add a 14%-15% tax on cheaper imports, raising their cost in the U.S. At the same time, the Biden...