Trump Administration Withdraws Tariff Exemption for Bifacial Solar Panels

The Trump Administration announced that effective October 28, it will be eliminating a loophole granted four months ago on tariffs for bifacial solar panels. The panels will now be subject to the 25% tariff on imported solar cells and modules that the Trump Administration announced in early 2018. The tariffs on imported solar equipment, introduced in January 2018 at 30% and stepping down by 5% every year until they expire in 2022, were part of the Trump Administration’s trade tariffs targeted against China, the current global leader in solar panel manufacturing. While the rescission is expected to benefit American panel makers, it represents a setback to solar developers who were relying on the exemption.