US Stock Market Move | Chinese photovoltaic sector rises as Biden administration reportedly considers tariff exemptions for Mexico's CECEP Solar Energy equipment.

On Tuesday, Chinese solar energy stocks rose, as of the time of publication, Daqo New Energy Corp Sponsored ADR (DQ.US) rose by over 10%, Jinko Solar (JKS.US) rose by over 3.7%, and CSI Solar Co., Ltd. CECEP Solar Energy (CSIQ.US) rose by 0.94%. On the news front, senior officials in the Biden administration are considering exempting Mexico from tariffs on imported CECEP Solar Energy equipment, but a final decision has not yet been made. This decision could benefit a Chinese-owned solar energy company.