Importing Solar Panels Trump Harmonized
President trump 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.
Importing solar panels trump harmonized. Trump s solar decision comes almost nine months after suniva inc a bankrupt u s. When calculating us duty rates on solar panels from china you need to remember about checking the additional tariffs. Trump administration removes tariff exemption for bifacial solar panels again u s. But late monday afternoon president donald trump approved import fees that analysts say will send the price of solar panels surging and halt hiring in an industry that has grown 17 times faster than the u s.
International trade commission on tuesday made three different recommendations for restricting solar cell and panel imports on tuesday giving president donald trump a range of. Members of the u s. Module manufacturer with a chinese majority owner sought import duties on solar cells and panels. The ustr will now engage in additional negotiations that could resolve earlier.
Trump s tariffs are estimated to have blocked 10 5 gigawatts of solar capacity from coming on line enough to power 1 8 million homes with carbon free energy according to the seia. A large majority of solar panels being used in the u s. The trump administration in june announced it was granting an exemption to bifacial solar panels specialty panels that absorb sunlight on both sides but months later revoked the waiver. Trump administration issues 30 solar panel import tariff the decision includes a quota for imported solar cells.