News & Analysis as of

Tariffs Lithium Batteries

Foley Hoag LLP - Energy & Climate Counsel

Recently Announced Tariff Rate Hikes Highlight Risks and Opportunities for M&A in the BESS Market

The staged payment of purchase price is a near-universal feature of M&A in development-stage renewable energy and battery energy storage system (BESS) projects. In a typical sale, the buyer pays a comparatively small portion...more

Foley Hoag LLP

USTR Seeking Public Comments on Proposed Tariff Increases on Chinese Goods

Foley Hoag LLP on

As reported in our previous client alert, on May 14, 2024, President Biden announced that he directed his Trade Representative to increase tariffs under Section 301 of the Trade Act of 1974 (Section 301) on a wide range of...more

Blank Rome LLP

Proposed Increases to Section 301 Duties on Batteries, Battery Components, and Critical Minerals

Blank Rome LLP on

The U.S. Trade Representative (“USTR”) recently issued its report in the four-year review of Section 301 duties on goods imported from China. As part of that review, USTR proposed imposing or increasing tariffs on a range of...more

Fenwick & West LLP

Expanded § 301 Tariffs on Chinese Semiconductors, Solar, Batteries, and Other Strategic Sectors

Fenwick & West LLP on

On May 14, 2024, the Office of the United States Trade Representative (USTR) announced expansions to tariffs under § 301 of the Trade Act of 1974 (§ 301) on imports from China, including tariff increases on currently covered...more

WilmerHale

USTR Issues Federal Register Notice on New Section 301 Tariffs on Chinese Products and Machinery Exclusion Process

WilmerHale on

On May 22, the Office of the US Trade Representative (USTR) issued a Federal Register notice that provides additional information on the new or increased tariffs on select Chinese-origin products that USTR previously...more

ArentFox Schiff

As the Electric Vehicle Industry Continues To Grow, Potential Tariff Classification Issues Will Rise

ArentFox Schiff on

The components and products that are used in the assembly of EVs are critical to the deployment and functionality of EVs and their global supply chain. In particular, the proper Harmonized Tariff Schedule of the United States...more

ArentFox Schiff

Can EV Production Thrive in Spite of US "China Tariffs"?

ArentFox Schiff on

Through Section 301, "China Tariffs," the United States Trade Representative (USTR) imposes additional ad valorem tariffs rates between 7.5% and 25% on the majority of Chinese-origin products, including lithium-ion batteries,...more

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