Breaking: Trump Admin Issues 30% Solar Panel Import Tariff

By [email protected] The White House announced Monday that President Trump has issued a 30 percent year-one tariff on imported solar cells and modules.

Tariffs will decline over a four-year period. The first 2.5 gigawatts of imported cells are excluded from the additional tariff in each of those four years, according to the U.S. Trade Representative fact sheet.

The USTR noted that China’s industrial planning “has included a focus on increasing Chinese capacity and production of solar cells and modules, using state incentives, subsidies, and tariffs to dominate the global supply chain.”

As a result of these state-directed initiatives, China’s share of global solar cell

Read Full Article Here

For more great articles: Greentech Media: Headlines

(Visited 1 times, 1 visits today)



© 2014 RenewaNews