Climate Changed
U.S. Solar Developers Relieved at Small Import Tariff Proposals
- Little impact seen from proposal for ‘modest’ 35% duty
- Trump will make final decision on whether to impose tariffs
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The U.S. solar industry let out a collective sigh of relief after trade commissioners proposed import tariffs that were less than half what a bankrupt U.S. panel maker is seeking in a closely watched trade case.
The U.S. International Trade Commission recommended tariffs on imported solar panels of as much as 35 percent during a hearing Tuesday. The independent agency will send its proposals to President Donald Trump, who faces a January deadline to make the final decision.