Trade Tariffs Solar Panels

By zeeshan aleem zeeshanaleem updated jan 23 2018 2 53pm est.

Trade tariffs solar panels.

The trump tariffs are a series of united states tariffs imposed during the presidency of donald trump as part of his america first economic policy to reduce the united states trade deficit by shifting american trade policy from multilateral free trade agreements to bilateral trade deals. Court of international trade cit stepped in and reinstated the exemption for bifacial modules in december 2019. All imported solar panels were taxed beginning in 2018. 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.

Tariffs make solar panels more expensive and thus discourage their use according to the solar energy industries association. International trade commission itc after two solar manufacturers suniva and solarworld filed a petition seeking tariffs. This decision came on the heels of a nearly 9 month case before the u s. The dispute up for discussion was over a section 201 tariff exemption for bifacial or two sided solar panels.

Bifacial modules received a full exclusion in june 2019. In january 2018 trump imposed tariffs on solar panels and washing machines of 30 to 50 percent. Tariff exemption for bifacial modules was first revoked in october 2019. The president ends a year of procrastinating on tough trade actions with big new tariffs on solar panels.

The first 2 5 gigawatts of imported solar cells will be exempt from the tariffs trump said in a statement monday. After lighthizer moved to close it last year opponents of the rescission sued ustr. In january 2018 the trump administration levied a tariff against imported solar goods under section 201 of the trade act of 1974. The trade association said the tariffs would cause 23 000 installers.

The president approved four years of tariffs that start at 30 percent in the first. 23 2018 president trump signed a proclamation that placed tariffs on imported solar cells and modules for a period of four years.