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U.S. eliminating tariff exemption for imports of new solar panel technology

U.S. eliminating tariff exemption for imports of new solar panel technology
FILE PHOTO: An array of solar panels is seen in the desert near Victorville, California, U.S. March 28, 2018. REUTERS/Lucy Nicholson/File Photo -  Copyright  Lucy Nicholson(Reuters)
Copyright Lucy Nicholson(Reuters)
By Reuters
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WASHINGTON (Reuters) - U.S. trade officials said on Friday they were eliminating the exemption for bifacial solar panels from the Trump administration's tariffs on overseas-made solar products.

The office of the U.S. Trade Representative said in an online statement it was withdrawing the exclusion for imported bifacial solar panels, a new technology through which power is produced on both sides of a cell.

The USTR had announced the exemption in June. Under tariffs imposed in early 2018, the rate for solar panels had been set at 30% and then lowered to 25%.

(Reporting by Eric Beech; Writing by Mohammad Zargham; Editing by Chris Reese)

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