Trump's commercial war with China threatens big green technologies

Although the deadline for increasing customs duties between the United States and China until early November, businesses on both sides of the Atlantic are still awaiting. The mutual drawings that President Donald Trump blew, in the case of its implementation, will drain the Chinese export companies. Experts believe they will also hit a new blow to the US climate technology sector. According to Antoine vanior-Jones, head of trade and supply chains at “Bloombergnef”, US installation and development companies are a candidate to be most affected. China dominates the export of lithium-ion batteries and materials used to manufacture it to the United States, and supply chains cannot be transferred quickly to change it. You may also be interested in: Clean Energy is facing commercial barriers and Trump fees. The obstacles increase the facility batteries three out of five Li-Iion batteries imported by the United States during the first five months of this year, come from China, according to the “Bloomberg Nef analysis”. The share is more in iron and lithium phosphate batteries that are widely used in the utility sector. “The battery storage market in the United States will certainly affect Tom Morinhouse, a professor at the University of Columbia who studies politics, economics and climate technology. Energy sector. China is entered. Rare minerals are a bargaining paper between China and the United States, adding that “in the light of the volatile political decisions. The background of Trump’s cancellation of government support on a wide segment of emission techniques, with a special concentration on electric cars and wind farms. Trump signed a tax law that entered the incentives for clean technology and the latest round of fees. The extension of commercial negotiations could harm United States efforts to develop climate technology. “The golden rule in the business world is stability. If these fluctuations, resolution changes and directions accumulate, most people will simply say: Let’s wait.”