Business
Trump backs revoking tariff exemption for some solar panel imports – CNA
WASHINGTON: US President Donald Trump on Saturday (Oct 10) signed a proclamation underscoring his support for revoking an exclusion from tariffs on some importe…
WASHINGTON: US President Donald Trump on Saturday (Oct 10) signed a proclamation underscoring his support for revoking an exclusion from tariffs on some imported double-sided solar panels, and for raising the planned tariff rate to 18 per cent for 2021 from 15 per cent.
Trump said the domestic US industry was starting to increase production and market share of certain solar modules after he imposed tariffs on imports in January 2018, but further steps were needed.
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