{
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001122334455554433221100

US lawmakers seek to suspend advanced manufacturing tax credit amid China concerns

Congressmen John Moolenaar and Jared Golden are pushing to suspend the 45X Advanced Manufacturing Production Tax Credit, citing concerns over Chinese companies benefiting from it if they establish factories in the US. While outright elimination is unlikely to gain support from US manufacturers, modifications to restrict access for Chinese firms are anticipated. The ongoing debate reflects broader bipartisan support for enhancing US clean energy manufacturing initiatives.
CleanTechnica
United States Dollar Gotion High-tech Co.,Ltd. Clean Energy Associates USA CHN Jared Golden John Moolenaar
Regulatory & Legal, News Article
00:27 28.11.2024
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