Taiwan has filed a complaint with the WTO over the U.S.’s decision to impose safeguard tariffs of up to 30% on crystalline silicon solar cell and module imports.
The newly minted merger of Neo Solar Power, Gintech and Solartech is planning a module factory, the second such factory to be announced by a large Asian PV maker since solar tariffs were finalized.
The U.S. 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 South Korea. Additionally, imports from a number of developing nations are exempt as long as import levels remain small.
As anticipated, the fallout from U.S. President Trump’s decision to impose tariffs of up to 30% on solar imports has been big. The latest reactions 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. BNEF, meanwhile, expects module costs to increase by US$0.10/W.
President Trump’s tariff decision was not the worst-case scenario for the U.S. market, but GTM Research says it will still have effects, particularly in marginal and emerging regional markets.
SolarPower Europe and SAFE see a resulting contraction in the market, while EU ProSun is calling for the preferential treatment of EU solar manufacturers in the U.S. BNEF says a general window for negotiation of individual country agreements may be possible in the next few weeks.
In an interview with Reuters, the president slammed what he referred to as the dumping of inexpensive modules on the U.S. market.
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