President Joe Biden is threatening to veto legislation that would re-instate tariffs as high as 254% on solar panels imported from Southeast Asia, the White House said Monday.
The bill, slated for a House vote later this week, would repeal a two-year moratorium on solar tariffs imposed by the Biden administration to blunt economic pain after the Commerce Department found some Chinese solar manufacturers were evading decade-old import duties.
The legislation would use the so-called Congressional Review Act, which needs just a simple majority to pass. It was approved last week by the House Ways and Means Committee with Democratic support.