Canadian Tariffs On Chinese Solar Panels

Rose in 2018 but here s why that didn t happen.

Canadian tariffs on chinese solar panels.

Companies are finding ways to keep growing. Prices of bifacial products about 50 more expensive than elsewhere and the exemptions now. While the tariffs are designed to protect canadian solar panel manufacturers four of whom initiated the federal review by complaining about cut rate chinese panels the damage to employment. The sentiment is echoed by chinese producer longi green energy technology co.

Most companies that is but not canadian solar. Canada too has its protectionist. The first 2 5 gigawatts of imported solar cells will be exempt from the tariffs trump said in a statement monday. The us tariff isn t the first in the industry as the european union tacked on a similar 30 per cent import duty on chinese solar products back in 2013.

Market experts estimate that the impact of the tariff in year 1 will be between 0 10 to 0 12 per watt. One of the companies found to have dumped panels here is the chinese arm of canadian solar inc whose headquarters is in guelph ont and which has two canadian panel making plants in addition. Tariffs have made u s. This corresponds to a recent analysis conducted by greentech media.

For a typical american homeowner that represents only a 3 to 4 increase in the cost of a solar panel installation. In january 2018 trump imposed tariffs on solar panels and washing machines of 30 to 50 percent. The trump tariffs are a series of united states tariffs imposed during the presidency of donald trump as part of his america first economic policy to reduce the united states trade deficit by shifting american trade policy from multilateral free trade agreements to bilateral trade deals. This year the chinese canadian pv maker was selected for study and could receive a combined import duty rate as high as 51 4 for its cells made in china.

The president approved four years of tariffs that start at 30 percent in the. Last year canadian was subject to the standard duty rate for named companies.