U.S. Solar Consumer Wins, U.S. Companies Don’t with Tariff Loophole Closed: GLJ Research’s Johnson

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Oct.10 — Recently the Trump administration dealt a fresh blow to renewable energy developers by stripping away an exemption the industry was counting on to weather the president’s tariffs on imported panels. The U.S. Trade Representative said that it was eliminating a loophole granted about four months ago for bifacial solar panels, which generate electricity on both sides. They’ll now be subject to the duties Trump announced on imported equipment in early 2018, currently at 25%. The change takes effect Oct. 28. Gordon Johnson, CEO and founder of GLJ Research, talks with Bloomberg’s Alix Steel about the tariff loophole and how it affects U.S. solar companies.

Bloomberg Markets

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