By Kelly Pickerel U.S. Trade Representative Robert Lighthizer announced today that President Trump has approved tariffs on imported solar cells and panels, as brought on by a lengthy Section 201 trade case battle initiated by two bankrupt solar manufacturers.
Both foreign-made solar cells and modules will have a 30% tariff the first year, which will then steadily decline to 15% within four years. The first 2.5 GW of imported cells and modules will be exempt from tariffs.
“The ITC found that U.S. producers had been seriously injured by imports and made several recommendations to the President,” Lighthizer said. “The President’s action makes clear again that
Read Full Article Here
For more great articles: Solar Power World
(Visited 5 times, 1 visits today)