Why US Tariffs May Not Dent China’s Renewable Energy Technology
China may not be as vulnerable to U.S. tariffs as the incoming Trump administration may expect. With President-elect Donald Trump just a week away from assuming office, his administration has pledged to pass a series of tariffs against China to combat the Southeast Asian country’s dominance and decouple the U.S. from its world-spanning supply chain. However, compared to other exporting sectors in the country, China’s massive green energy industry is much less vulnerable to U.S. tariffs. Beijing has surpassed Washington in the renewable energy space by an incredibly wide margin and may even be able to thrive in a future…
