Clean tech becomes latest move in U.S.-China chess match

Chinese climate technologyAnd it's a political bet. President Biden could boost support in states including Michigan, a major auto hub.

Biden, in a Rose Garden speech today, will also announce tariffs on Chinese tech that's already here in abundance.Duties on EV batteries will rise from 7.5% to 25% this year, while tariffs on batteries used in energy storage will see the same spike in 2026. "The president knows it is vital to invest in American manufacturing and workers and to enforce our trade laws to give our workers and businesses a fair chance to compete," National Economic Council head Lael Brainard told reporters.Biden aides rejected suggestions that holding back low-cost Chinese equipment will slow domestic climate tech deployment.

Climate Change Biden Administration Climate Change Policy Environment

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