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President Biden will invoke the Defense Production Act to spur domestic production of clean energy technology and order a two-year tariff exemption on solar panels imported from Southeast Asian countries in a bid to tackle rising energy prices.
President Biden invoked the Defense Production Act on Monday to spur domestic production of clean energy technology and also ordered a two-year tariff exemption on solar panels imported from Southeast Asian countries, two measures that received mixed reviews from industry leaders.
President Biden invoked the Defense Production Act on Monday to spur domestic production of clean energy technology and also ordered a two-year tariff exemption on solar panels imported from Southeast Asian countries, two measures that received mixed reviews from industry leaders.