More than 1,000 shipments containing components for solar panels have reportedly been stopped by US authorities. Reuters.
Why is this important?
In the coming years, the United States wants to bring about a major transition from polluting fossil fuels to green energy sources. But to succeed, they are increasingly forced to trade with China, which is gradually closing supply chains for many components. begins to dominate. But it won’t be smooth sailing, as it turns out.Essence: In June, the United States passed legislation restricting imports from the Xinjiang region. The country claims that slave labor is widely used.
- But now the vast majority of components used to make solar panels are made in Xinjiang. Hence, they are not allowed to enter the country.
- Meanwhile, the components will pile up in American ports. Meanwhile, it applies to at least 1,053 deliveries, good for h in total
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