Solar Developers Seen Safe From 254% Tariff After House Vote
- White House veto-threat for GOP measure seen holding
- Development comes amid increasing anti-China sentiment
Solar panels in the Mojave Desert in San Bernardino County, California.
Photographer: Bing Guan/BloombergThis article is for subscribers only.
A House vote to reinstate solar tariffs as high as 254% on panel imports from Southeast Asia fell short of the super-majority needed to overcome a veto threat from the White House.
The 221-202 vote on the measure, which would undo a two-year moratorium on the duties put in place by President Joe Biden, indicates developers are likely safe from duties that they said would paralyze their industry. Twelve Democrats joined the vote to reinstate tariffs.