Us Imposes Tariff On Chinese Solar Panels

The commerce department has slapped stiff tariffs on imports of chinese solar panels imposing 31 percent charges on the products of big chinese manufacturers like suntech and trina.

Us imposes tariff on chinese solar panels.

The united states commerce department ruled thursday that chinese manufacturers are guilty of dumping solar panels in the us market for less than it cost to make them a violation of world trade. Those levies were less severe than requested by suniva and. A 30 tariff will be imposed on imported solar cells and modules in the first year with the tariffs declining to 15 by the fourth year. The tariff allows 2 5 gigawatts of unassembled solar cells.

The move is a major. Will impose duties of as much as 30 percent on solar equipment made abroad a move that threatens to handicap a 28 billion industry that relies on parts made abroad for 80 percent of its. New duties will range from 18 56 to 35 21 percent. On january 22nd 2018 the trump administration levied a 30 tariff on solar imports to the united states.

The tariff covers both imported solar cells a key input to manufacturing solar panels and solar modules otherwise known as solar panels. On solar panels trump imposed tariffs of 30 percent in the first year which will gradually fall to half that figure in four years. Since march 2018 the. A three person panel of wto trade experts said washington broke with global regulations in 2018 when it slapped more than 200 billion in levies on a slew of chinese goods.