Chinese Solar Panel Import Tariff

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.

Chinese solar panel import tariff.

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. Solar industry says eu tariffs on chinese imports will raise panel prices. By year 4 the tariff s impact falls to only 0 04 to 0 05 per watt which results in less than a 2. Europe s solar industry has condemned an eu vote to impose another round of duties on chinese imports.

As of 2019 the tariff is 25. Market experts estimate that the impact of the tariff in year 1 will be between 0 10 to 0 12 per watt. 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. This corresponds to a recent analysis conducted by greentech media.

Trump s solar decision comes almost nine months after suniva inc a bankrupt u s. Included with these products are solar cells and modules under the category diodes for semiconductor devices other than light emitting diodes. When calculating us duty rates on solar panels from china you need to remember about checking the additional tariffs. Module manufacturer with a chinese majority owner sought import duties on solar cells and panels.

For a typical american homeowner that represents only a 3 to 4 increase in the cost of a solar panel installation. Administration divided over tariff exemption for chinese solar panels. 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.