The European Union (EU) and China have this week lodged separate filings with the World Trade Organization (WTO) that seek consultation with the U.S. over the imposition in January of tariffs on imported crystalline silicon solar cells and modules.
The EU’s request for compensation follows similar measures lodged over the past two weeks by Taiwan and South Korea, all of which take issue with U.S. President Trump’s safeguard tariffs, which apply a graduated 30% tax on imported solar cells and modules over the next five years, reducing sequentially on an annual basis and ending at 15% in 2022.
While the Trump Administration’s restrained approach surprised some industry players – particularly the exemption from tariffs of 2.5 GW solar cell capacity each year – the levy still raised the hackles of leading solar-producing regions globally. Read More…
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