Biden Administration Unlikely to Eliminate Solar Tariffs - Paul Wormser
S&P Global recently interviewed CEA’s Vice President of Technology, Paul Wormser, regarding President-elect Biden’s green agenda and the upcoming legislation making its way through the U.S. Congress that would ban goods made in China’s autonomous Xinjiang region where Washington alleges forced labor is being used.
What Solar/Tariff Policies to Expect Under the Biden Administration
"I'm very optimistic that under the new administration, we're going to continue to see policies that result in localizing technology, manufacturing and jobs," said Paul Wormser. "The past recent practice has been to sort of hope that that would happen by putting tariffs on imports. I think under the new administration, we're not going to see tariffs disappear, but … we're going to see some new carrots."
Impact of Potential Xinjiang Forced Labor Legislation
"This is an issue of being competitive, and that takes many flavors," Wormser said. "Competitive means I can show you I'm not using forced labor. Competitive means I can show you I have a more robust supply chain that's less likely to get interrupted by pandemics. Competitive means my cost is competitive and therefore my price is competitive and my product quality is competitive."
Read Paul’s full comments and the full S&P Global article - Biden faces uphill climb making US a green manufacturing power