Chinese Solar Panel Import Tariff

Trade representative robert lighthizer announced yesterday that approximately 16 billion worth of imported chinese products will be subject to a 25 tariff under a section 301 ruling.

Chinese solar panel import tariff.

President donald trump s decision to levy protective import tariffs against foreign manufactured. Trump s china tariffs one in the shape of a solar panel companies that build america s major solar farms spent 2018 and early 2019 begging the administration to exempt jumbo versions of two. By year 4 the tariff s impact falls to only 0 04 to 0 05 per watt which results in less than a 2. In matters of current us and china trade war in 2018 the trump administration put 30 tax on imported solar cells and panels which is to decline annually and reach 15 in 2021.

Trump s solar decision comes almost nine months after suniva inc a bankrupt u s. Module manufacturer with a chinese majority owner sought import duties on solar cells and panels. This corresponds to a recent analysis conducted by greentech media. Latest china hs code tariff for solar panels tariff duty regulations restrictions landed cost calculator customs data for solar panels in etcn.

China s solar market has been thrust into the international spotlight in recent weeks with u s. The 10 person meeting on solar equipment imports which included the deputy director of the national economic council. Administration divided over tariff exemption for chinese solar panels. Market experts estimate that the impact of the tariff in year 1 will be between 0 10 to 0 12 per watt.

For a typical american homeowner that represents only a 3 to 4 increase in the cost of a solar panel installation. China customs statistics trade data. Solar industry says eu tariffs on chinese imports will raise panel prices. When calculating us duty rates on solar panels from china you need to remember about checking the additional tariffs.

New import tariffs on chinese made solar panels threaten to dent enthusiasm for solar power and slow the shift to renewable energy in canada some industry players warn.