About Liechtenstein import tariffs on lithium battery energy storage
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About Liechtenstein import tariffs on lithium battery energy storage video introduction
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6 FAQs about [Liechtenstein import tariffs on lithium battery energy storage]
What are Liechtenstein's exports?
Among the country's exports are power tools, cables, connectors and high-quality fillings and false teeth. Everything will now have a tariff imposed at the US border of 37% — which is almost double the tariff that will be applied to Liechtenstein's European neighbors.
Are grid batteries facing a 65% tariff?
Grid batteries are facing a roughly 65% tariff that could rise to more than 80% by next year—just as the U.S. was expected to see record expansion in adoption in battery storage. In February, the U.S. Energy Information Administration projected that 18.2 GW of utility-scale battery storage would be added to the United State’s energy grid in 2025.
Where do lithium-ion batteries come from?
Most lithium-ion batteries required for this, however, are imported from China; Chinese lithium-ion battery exports to the U.S. reached an all-time high of $1.9 billion in December 2024. And while battery prices are shifting downwards worldwide due to an oversupply, tariffs are expected to increase the cost in the U.S.
Where is Liechtenstein?
Updated on: April 8, 2025 / 11:57 PM EDT / CBS News The country of Liechtenstein is tucked away in a valley between the Swiss and Austrian Alps. It's so tiny you could fit it four times over into New York City and still have room to spare. But in trade, it punches above its weight.
Why are Liechtensteiners clobbered?
"Liechtenstein is so tiny and doesn't have an influence in the world, so how to deal, really, with the Trump administration?" he said. Liechtensteiners don't understand why — just because they don't buy as many things from the U.S. as they sell to it — they've been clobbered.
Does Liechtenstein fit in New York City?
Liechtenstein is small enough to fit inside New York City four times over, but it's home to several world-class makers of premium products.
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