On May 14, 2024, the Biden Administration announced changes to section 301 tariffs on Chinese products. For energy storage, Chinese lithium-ion batteries for non-EV applications from 7. This increase goes into effect in 2026. 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. Misclassification can lead to higher duties, shipment delays, or. Recent and expanded tariffs have significantly impacted battery-related products' cost, availability, and logistics. manufacturers, buyers, and installers. By 2024, a 20-foot DC container for BESS in the U. is expected to decline significantly by 18% to $148/kWh from $180/kWh in 2023.