Us Tariff On Solar Panels From China

According to a fact sheet released by the u s.

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. 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 china us tariff war is ongoing and the global solar industry has become subjected to its rippling impacts. Much of the broader solar industry in the us which is composed of businesses that install solar panels lobbied against these tariffs.

Chinese solar panels have a 25 tariff on top of the now 25 global tariff. 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. 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 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.

China isn t the only one angered by trump s decision. However the tariff may ultimately harm american solar panel producers more than their chinese counterparts. The first 2 5 gigawatts of imported solar cells will be exempt from the tariffs trump said in a statement monday.