Trump tariffs, orders rein in thriving battery storage sector
The U.S. energy sector is being hit by a series of import tariffs that could impact growth. Preliminary rulings on new countervailing and antidumping duties on certain Chinese components are expected this month, on top of President Trump’s decision to increase tariffs on China by a further 10% from March 4, representing a 20% tariff since he began his second term. These follow the Biden administration’s decision to increase tariffs on lithium batteries from China from 7.5% to 25% starting in January 2026.
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