Biden seen to veto legislation to block solar tariff waivers for Asian countries


“This legislation would sabotage US energy security,” said Zaidi — Bloomberg

WASHINGTON: US president Joe Biden will veto congressional efforts to overturn his solar tariff waiver for four South-East Asian nations for two years, the White House has said.

In June, Biden waived tariffs on solar panels from Cambodia, Malaysia, Thailand and Vietnam in an effort to create a “bridge” while US manufacturing ramps up enough to supply the domestic projects needed to achieve climate change goals.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

TRUST AS THE NEW COMPETITIVE ADVANTAGE IN MALAYSIA'S AI ECONOMY
French consumers cut back spending
Asia seen as sweet spot in physical AI
Cheap labour, costly future
Europe’s AI debt rush
AI’s trillion-dollar gamble
Hedge fund veteran bets on ‘abundance’
Wong exits, Wang returns at EForce
Slow turn in earnings
SMEs yet to tap AI’s full power

Others Also Read