Us Imposes Tariff On Chinese Solar Panels
The united states commerce department ruled thursday that chinese manufacturers are guilty of dumping solar panels in the us market for less than it cost to make them a violation of world trade.
Us imposes tariff on chinese solar panels. The move is a major. 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. The department announced anti dumping duties of 26 71 percent to 78 42 percent on imports of most solar panels made in china and rates of 11 45 percent to 27 55 percent on imports of solar cells. Will impose duties of as much as 30 percent on solar equipment made abroad a move that threatens to handicap a 28 billion industry that relies on parts made abroad for 80 percent of its.
The tariff allows 2 5 gigawatts of unassembled solar cells. Imposes steep tariffs on importers of chinese solar panels workers assembling solar panels at a factory in hefei in central china. Those levies were less severe than requested by suniva and. On solar panels trump imposed tariffs of 30 percent in the first year which will gradually fall to half that figure in four years.
Since march 2018 the. New duties will range from 18 56 to 35 21 percent. On monday imposed tariffs of 30 percent on imported solar panel technology in a bid to protect domestic manufacturers while signaling a more aggressive approach toward china. The tariff covers both imported solar cells a key input to manufacturing solar panels and solar modules otherwise known as solar panels.