Us Tariff On Solar Panels From China

Trade representative this tariff will last for four years and will fall by 5 annually dropping to a 15 tariff in 2021.

Us tariff on solar panels from china.

Much of the broader solar industry in the us which is composed of businesses that install solar panels lobbied against these tariffs. In this instance the united states found that china s actions related to technology intellectual property and innovation are unreasonable and discriminatory and burden u s. From tariffs on imported solar panels from china to a sharp decline in imported american polysilicon to china the political back and forth has developed a sense of uncertainty around the solar. China isn t the only one angered by trump s decision.

The first 2 5 gigawatts of imported solar cells will be exempt from the tariffs trump said in a statement monday. So panels coming from china have a 50 tariff. 3 minutes one of the primary stories in the solar over the last two years has been the ongoing trade dispute between the united states and china. In january 2018 trump imposed a 30 tariff on imported solar panels to combat and compete with china s booming solar industry and ease american producers concerns.

The tariff covers both imported solar cells a key input to manufacturing solar panels and solar modules otherwise known as solar panels. The president approved four years of tariffs that start at 30 percent in the. However the tariff may ultimately harm american solar panel producers more than their chinese counterparts.