On Monday, President Trump announced his decision on the hotly debated solar trade case, imposing a 30% tariff on imported solar cells. While the decision will undoubtedly hinder the solar industry, the outcome wasn’t the worst case scenario.
After agonizing for months over the Section 201 trade case brought to the International Trade Commission by manufacturers Suniva and SolarWorld Americas (ironically, both foreign-owned companies with U.S. operations), the solar industry is recalibrating in light of President Trump’s decision to impose a 30% tariff on crystalline-silicon solar cells, decreasing by 5% over the next three years until it reaches 15%.
Related Articles
The decision also includes a 2.5 gigawatt exemption for imported cells (there is still confusion about whether this exemption is applied to importing companies or countries.)
While the announcement certainly wasn’t good news for the solar industry, it wasn’t the worst case scenario—industry experts were bracing themselves for up to a 50% tariff.