On September 13, the U.S. government issued a statement confirming that the 301 tariff policy for China will be implemented from September 27, 2024, and the import tariff for Chinese products will be greatly raised, among which the tariff for electric vehicles will be increased by 100%, the power lithium battery used by new energy vehicles is subject to tariffs of 25%. For non-electric vehicles lithium ion battery25% tariff will be levied from January 1, 2026. In addition, this version of the policy adds a new classification of lead-acid battery structural components, and the tax rate since 2024 is 25%.

It is reported that in May 2022, the United States launched a four-year review process for Chinese products exported to the United States, and drafted the bill for the first time on November 15, 2022. After several rounds of discussions in two years, on May 28, 2024, the U.S. government disclosed the proposed bill amendment plan of 301 tariff and publicly sought opinions. In the final version of the bill published on September 13, 2024, the tariff ratio and execution time of some commodities were adjusted and added, including the tariff items of non-lithium battery structural parts, such as the separator of lead-acid battery, etc.; As well as increasing the coverage of tungsten, semiconductor and polysilicon tariff projects, and modifying the proposed exemption scope of solar energy manufacturing equipment.

According to the final version of the 301 tariff bill, the U.S. government decided to impose tariffs on lithium batteries, electric vehicles, photovoltaic cell components, natural graphite, steel and aluminum materials imported from China, these tariffs will be implemented in stages in the next three years. Among them, electric vehicles have imposed a 100% tariff, which will be implemented from September 27, 2024, and lithium-ion power batteries have imposed a 25% tariff. Among them, the tariff of "Lithium ion electric vehicle power battery" will be increased from 2024, while the tariff on non-electric vehicle lithium ion battery will be implemented in 2026. The U.S. government further explained that the former covers lithium-ion batteries for passenger cars; The latter covers widely used lithium-ion batteries, including electric vehicles other than passenger cars. However, the policy is clearly limited to complete lithium batteries, and precursor cathode materials are not included.

In addition, the United States will increase the import tariff of Chinese semiconductors by 50%, and this new tax rate will take effect from January 2025. Semiconductor added polycrystalline silicon and silicon crystals used in solar panels.Two categories of circles.