• New tariffs by the US administration of President Joe Biden look to shore up some of the gaps in the Section 301 and 201 implementations on China, targeting batteries, electric vehicles (EVs), solar panels, gantry cranes and more. Batteries are the most affected, with 71.5% of US imports from China. Stellantis NV is going to the source, in Indonesia, to get materials for its battery supply chain, while Nissan Motor Co. Ltd. wants to get back to just-in-time strategies.
• Solar duties are about to tighten, with exemptions for panels from Thailand, Vietnam, Malaysia and Cambodia...