3: PV’s day of judgement
China continued to take center stage in Q3 2018; however the focus shifted from its now notorious policy change. In both positive and negative news, Europe announced the end of the MIP, at almost the same time as the United States slapped tariffs on Chinese imports of inverters, AC modules and non-lithium batteries. Yin yang. Ping pong.
US: 25% tariffs on Chinese inverters to start on January 1
The final order from the U.S. Trade Representative includes an interim tariff rate of 10% set to start on September 24.
