PVTIME – The US trade policy, which increases tariffs on battery and energy storage system products exported from China to the US, is officially take effect on 4 March 2025.
Under the US policy, Chinese-made battery and energy storage system products will be subject to the following triple tariffs
New double 10% tariffs: This means that Chinese products will be subject to an additional 10% tariff on top of the original tariffs.
Existing tariff system with a base tariff of 3.4%: This base tariff will remain in place and will be used as part of the calculation of the comprehensive tariff.
Increase in Section 301 duties: The current Section 301 tariff of 7.5% will be significantly increased to 25% from 2026.
By January 2026, the comprehensive tariff on Chinese-made batteries and energy storage systems in the US will reach an astonishing 48.4%. This figure will undoubtedly put enormous pressure and challenges on the export of related Chinese products.
Market research data shows that the current US energy storage market is still heavily dependent on imports. In particular, the application of lithium iron phosphate batteries will account for up to 90% of the local battery energy storage market in 2024, far exceeding the penetration rate of less than 10% in the local US electric vehicle market.
However, the upcoming tariff policy will undoubtedly severely weaken the competitiveness of Chinese products. Especially considering that former US President Donald Trump had already signed an executive order to impose a 10% tariff on goods imported from China, and this additional tariff will apply to all goods imported from China.This move has already increased the maximum tariff on Chinese photovoltaic products exported to the US from the original 50% to 60%, covering key products such as solar cells, wafers and polysilicon.
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