Biden To Waive Tariffs On Some Solar Panel Imports To Boost Stalled Projects

U.S. President Joe Biden is expected to announce on Monday a two-year pause in import tariffs on solar panels manufactured in Southeast Asia in an attempt to kickstart the American solar industry supply chain, sources with knowledge of the matter told Reuters. The Administration will also move to protect solar power developers from possible trade penalty costs, along with providing federal aid to facilitate additional domestic solar panel manufacturing in the United States, according to the White House, through the Defense Production Act. The move…