President Trump Solar Panel Tariff Announcement

Trade representative robert lighthizer announced today that president trump has approved recommendations to impose safeguard tariffs on imported large residential washing machines and imported solar cells and modules.

President trump solar panel tariff announcement. Renewable energy companies to cancel or freeze investments of more than 2 5 billion in large installation projects along. On solar panels trump imposed tariffs of 30 percent in the first year which will gradually fall to half that figure in four years. The first 2 5 gigawatts of imported solar cells will be exempt from the tariffs trump said in a statement monday. President trump approves relief for u s.

The announcement marks president trump s. The announcement comes with the president scheduled to. In january 2018 trump imposed tariffs on solar panels and washing machines of 30 to 50 percent. The president approved four years of tariffs that start at 30 percent in the.

Barely one week after president donald trump announced a stiff 30 percent tariff on chinese made solar panels a leading chinese solar company announced plans to build a plant inside the united. The trump administration is imposing tariffs on imported solar panels and washing machines. The announcement marks president trump s first major trade action of 2018 and follows his campaign. Washington dc the trump administration is imposing tariffs on imported solar panels and washing machines.

The 10 person meeting on solar equipment imports which included the deputy director of the national economic council the head of policy for the office of vice president mike pence an assistant.