The President’s proclamation provides a path for specific products to apply for exemption from tariffs, which had been sought by both SunPower and the government of Korea. Additionally, imports from a number of developing nations are exempt as long as import levels remain small.
The latest reactions to President Trump’s tariffs on imported solar include the Korean Government’s announcement that it will file a petition with the World Trade Organization (WTO) and Mexico’s promise of legal action.
Despite winning concessions from the Trump Administration in the Section 201 case, SEIA is still fighting.
President Trump’s tariff decision was not the worst-case scenario for the U.S. market, but GTM Research says that it will still have effects, particularly in marginal and emerging regional markets.
While it was not the worst case scenario, the solar industry is not at all pleased with the imposition of 30% tariffs in the first year.
The credit ratings agency says that despite moves by the Trump Administration, the increasing competitiveness and predictable output of renewable energy still makes it a good bet.
With the receipt of the final report by the ITC, the Trump Administration now has 60 days to take action on the Section 201 case. The probability of restrictive tariffs is high.
The Post has become the latest large mainstream U.S. news publication to oppose the tariffs, as South Korea considers a WTO complaint.
In this interview, Green Solar Technologies Chief Operating Officer Edward Harner talks about why his company has chosen to back the Suniva/SolarWorld Section 201 petition.
A letter on behalf of the world’s largest retail and technology companies to the ITC marks the next phase of the conflict: the struggle to influence what level of trade action the agency will recommend.
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