Us Trade Panel Backs Solar Tariffs

Federal trade officials are recommending that the trump administration impose an import tariff of up to 35 on solar panels to protect u s.

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. The china us tariff war is ongoing and the global solar industry has become subjected to its rippling impacts. 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. The jobs that could be lost as a result will spread much farther than just to those manufacturing solar panels in america.

Solar panel tariffs will impact the solar job market. However the tariff may ultimately harm american solar panel producers more than their chinese counterparts. The first 2 5 gigawatts of imported solar cells will be exempt from the tariffs trump said in a statement monday. 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.

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. On wednesday it excluded two. The ustr late last year excluded some of the products made overseas by sunpower corp. Solar manufacturers from low price imports that have.

With the industry employing approximately 260 000 people that s just under 9 of the workforce. However with january 15th s phase 1 trade deal the solar industry can breathe a partial sigh of relief. Solar manufacturers from low priced foreign products. The tariff on solar panel imports was set at 30 but has since dropped to 25.

The solar energy industries association also didn t immediately respond.