Us Tarriffs On Import Solar Panel

On january 22nd 2018 the trump administration levied a 30 tariff on solar imports to the united states.

Us tarriffs on import solar panel.

Trump s solar panel tariff was introduced in 2018 increasing the price of imported solar cells and solar panels by 30. The president approved four years of tariffs that start at 30 percent in the first. 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. The nearly 25 percent.

However the tariff does not increase the final price of solar systems by 20 since it only affects panels and cells. The first 2 5 gwdc of imported unassembled solar cells will be exempt from the safeguard tariff each year but these represent a small fraction of what is imported into the united states. The industry gets 80 percent of its solar panel products from imports largely from china. Panel chemistries other than crystalline silicon are not affected by the tariff.

This decision came on the heels of a nearly 9 month case before the u s. Solar industry has been significantly affected by the tariffs. The 28 billion u s. Solar imports include all types of pv modules including crystalline silicon thin film and concentrator types although most systems installed in the united states are crystalline silicon.

The tariff covers both imported solar cells a key input to manufacturing solar panels and solar modules otherwise known as solar panels. 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. Domestic solar panel manufacturers they argued needed import taxes to grow and thrive these tariffs suniva insisted would generate at least 114 800 new jobs in the us. They got their wish.

23 2018 president trump signed a proclamation that placed tariffs on imported solar cells and modules for a period of four years. The move is a major. The announcement marks president trump s first major trade action of 2018 and follows his campaign. The first 2 5 gigawatts of imported solar cells will be exempt from the tariffs trump said in a statement monday.