An initial 10% tariff on all imports from China took effect on February 4, 2025, and increased to 20% as of March 4, 2025. After the 90 day pause, Chinese origin goods are subject to both this new customized tariff of 34% plus the previously announced 20% tariff. Many exemptions and other. According to research firm Wood Mackenzie's new report, 'All aboard the tariff coaster: implications for the US power industry,' tariffs on imports will affect battery storage more badly than the solar PV or wind sectors. This is due to the reliance of the battery energy storage system (BESS). Following an announcement of China's 34% tariff on U. responded by raising import duties on Chinese products by an additional 50%, bringing total rates in some categories to more than 100%. The policy also includes a revision to the de minimis rule. Current tariff rates dictated by international trade agreements, 2.