Impact of Solar Tariffs

On January 22nd, President Trump approved a recommendation made by the United States International Trade Commission (ITC) to impose a tariff on imported solar cells and modules. The solar tariffs are set at 30% for the first year and will decline by 5% per year for three subsequent years. President Trump’s decision came four months after the U.S. ITC found that, according to a rarely used provision of the Trade Act of 1974, Section 201, the competitiveness of two U.S. domestic solar manufacturers – SolarWorld and Suniva – is negatively affected by low-price imported solar cells and panels. Three recommended… [more]