Clean Tech Price Surge
Trump’s proposed 60% tariffs on Chinese imports could spike costs for solar panels, EVs and batteries, slowing adoption.
Trump’s aggressive tariffs on Chinese imports could backfire on global climate efforts. From pricier solar panels to stalled EV adoption, here’s how green progress may pay the price
Trump’s proposed 60% tariffs on Chinese imports could spike costs for solar panels, EVs and batteries, slowing adoption.
The US imports 80% of its solar panels from Asia—higher tariffs may disrupt renewable energy projects.
Cheap Chinese EVs (like BYD) help global decarbonisation—tariffs could keep prices high, reducing affordability.
China controls 70% of lithium-ion production—trade barriers may delay energy storage solutions.
Tariffs on steel (used in turbines) and Chinese components could raise wind farm costs by 15-20%.
EU’s CBAM (tax on high-carbon imports) may clash with US tariffs, weakening global climate policies.
Rising costs for clean tech could push governments to prioritise cheap fossil fuels over renewables.
Beijing may curb exports of rare earth minerals (vital for wind turbines, EVs), disrupting supply chains.
Trade wars could derail US -China cooperation, like the 2021 Glasgow Pact on emissions.
Market volatility from tariffs may deter funding for green startups, delaying climate innovation.