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Trump and tariff on solar panels. In january 2018 trump imposed tariffs on solar panels and washing machines of 30 to 50 percent. The first 2 5 gigawatts of imported solar cells will be exempt from the tariffs trump said in a statement monday. Renewable energy companies to cancel or freeze investments of more than 2 5 billion in large installation projects along. On solar panels trump imposed tariffs of 30 percent in the first year which will gradually fall to half that figure in four years.
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. The president approved four years of tariffs that start at 30 percent in the.
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