Us Trade Panel Backs Solar Tariffs

The solar energy industries association seia projects that the tariffs will cause 23 000 job losses across the us solar energy industry in 2018 alone.

Us trade panel backs solar tariffs.

Reuters federal trade officials on tuesday will recommend measures to safeguard struggling domestic solar panel manufacturers against cheap imports in a closely watched case that could have a. Solar manufacturers from low priced foreign products. The move based on a so called 201 case requiring proof of serious harm from unfair global competition put tariffs on 8 5 billion in solar modules and cells starting at 30 in year one and. With the industry employing approximately 260 000 people that s just under 9 of the workforce.

On wednesday it excluded two. However the tariff may ultimately harm american solar panel producers more than their chinese counterparts. The solar energy industries association also didn t immediately respond. The jobs that could be lost as a result will spread much farther than just to those manufacturing solar panels in america.

The ustr late last year excluded some of the products made overseas by sunpower corp. Share to linkedin bifacial solar modules which generate power from the front and the back have been exempted from a 25 trade tariff that had all but stopped imports from china. Federal trade officials are recommending that the trump administration impose a tariff of up to 35 on imported solar panels to protect u s. The china us tariff war is ongoing and the global solar industry has become subjected to its rippling impacts.

However with january 15th s phase 1 trade deal the solar industry can breathe a partial sigh of relief. Solar panel tariffs will impact the solar job market. 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 industry in this country. 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.

Solar manufacturers from low price imports that have.