Us Tariff On Solar Panels From China

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.

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. The china us tariff war is ongoing and the global solar industry has become subjected to its rippling impacts. 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. The first 2 5 gigawatts of imported solar cells will be exempt from the tariffs trump said in a statement monday.

Chinese solar panels have a 25 tariff on top of the now 25 global tariff. The president approved four years of tariffs that start at 30 percent in the. Trade representative this tariff will last for four years and will fall by 5 annually dropping to a 15 tariff in 2021. However the tariff may ultimately harm american solar panel producers more than their chinese counterparts.

China isn t the only one angered by trump s decision. 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.