Reuters
Exclusive-Biden to waive tariffs for 24 mths on solar panels hit by probe -sources
WASHINGTON (Reuters) -President Joe Biden will declare a 24-month tariff exemption on Monday for solar panels from four Southeast Asian nations after an investigation froze imports and stalled projects in the United States, sources familiar with the matter told Reuters. The move comes amid concern about the impact of the Commerce Department’s months-long investigation into whether imports of solar panels from Cambodia, Malaysia, Thailand and Vietnam are circumventing tariffs on goods made in China. Biden’s action would allay companies’ concerns about having to hold billions of dollars in reserves to pay potential tariffs, one source familiar with the White House’s plans said.