On January 22, 2018, the U.S. Trade Representative (USTR) Robert Lightizer announced President Trump’s approval of safeguard tariffs on imported solar cells and modules, following the U.S. International Trade Commission (ITC) hearings and recommendations. The tariffs will be applied over the next four years as follows, with a decline of 5% each year:
|Year 1||Year 2||Year 3||Year 4|
|Safeguard Tariff on Modules and Cells||30%||25%||20%||15%|
|Cells Exempted from Tariff||2.5 gigawatts||2.5 gigawatts||2.5 gigawatts||2.5 gigawatts|
These tariffs are less than what the petitioners, Suniva and Solar World, requested in their initial petition with the ITC. The 30% tariff is expected to increase the price of solar panels by $0.10 to $0.15 per watt.
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