Us Import Duties On Chinese Solar Panels
While trump has broad authority on the size scope and duration.
Us import duties on chinese solar panels. If sold for less they are subject to a duty. Solar industry has already enforced 30 tariffs on imported solar panels since february. But on wednesday it revised those figures sharply upward from 14 78 percent for u s. Suniva had sought import duties of 32 cents a watt for solar panels produced outside the u s.
In matters of current us and china trade war in 2018 the trump administration put 30 tax on imported solar cells and panels which is to decline annually and reach 15 in 2021. As of 2019 the tariff is 25. The tariff allows 2 5 gigawatts of unassembled solar cells. Any chinese imported cells or panels would now have 55 tariffs in addition to antidumping countervailing duties in place for the last few years.
A 30 tariff will be imposed on imported solar cells and modules in the first year with the tariffs declining to 15 by the fourth year. Solar cells and modules the majority of which are imported from china are exempted from basic customs duty at present but attract a 15 safeguarding duty until july. Canton fair phase 1. Chinese solar panel makers are allowed to sell their products in europe free of duties if they do so at a minimum price that has progressively declined.
Solar panel exhibitions in china. And a floor price of 74 cents a watt. Visiting a trade fair is a cost efficient way to meet industry leading suppliers and compare products and pricing. Imports made by china s suntech to 15 97 percent for imports made by china s trina solar.
Solar cells would attract 15 customs duty from august the times reported quoting minister for new and renewable energy rk singh with that figure to rise to 30. If you intend to import solar panels from china then these are the trade fairs for you. When calculating us duty rates on solar panels from china you need to remember about checking the additional tariffs.