The office of the US trade representative is reported to be later today announcing a doubling of tariffs on Chinese solar wafers and polysilicon to 50%, with tungsten products also to be slapped with a 25% tax. This is part of Biden's final efforts to protect US manufacturing from China's clean technology industry.
The new taxes are said to take effect on January 1, just a little less than three weeks before Trump officially takes office.
For some background, the solar wafers and polysilicon are mainly used in the manufacturing of solar cells and tungsten can be used in a number of things but it can be said that it is concentrated as part of the military and manufacturing processes slices. Overall, it is another area where the US is targeting China as part of the technical war between the two countries.
The full report is available from the FT here (can be tuned).
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