Earlier this week, President Trump announced a 4-year tariff on imported solar panels in response to a trade case filed by solar panel producers Suniva and SolarWorld.
The Trade Case
U.S.-based panel manufacturer Suniva and German solar technology manufacturer SolarWorld brought a case before the U.S. International Trade Commission under its "global safeguard" provision in the spring of 2017 asking for a tariff on solar cells and a minimum price for imported solar modules.
President Trump's Decision
President Trump's ruling establishes a 30% tariff on solar cells and panels for the first year and declines 5% in each of the three following years.
While the tariff isn't the outcome we were hoping for in the trade case, we are confident the American solar industry will adapt and continue onward. All of us at Auric Solar remain committed to providing home and business owners with an easy way to be powered by affordable, clean, reliable solar power.
In the news
- KUTV 2: Just when solar is booming in Utah, Trump's 30% tariff won't help
- Salt Lake Tribune: Trump's tariffs are just a 'bump in the road' to Utah's fast-growing solar companies
- Solar Power World: Industry responds to solar panel tariff decision
- GTM: Trump Administration Issues 30% Solar Panel Import Tariff
- PVTech: Trump reveals 30% solar tariffs