Cheap imports of solar panels hurting sector: U.S. trade group
Low-cost solar panels imported from China and other countries have caused serious injury to American manufacturers, a U.S. trade commission ruled Friday, raising the possibility of the Trump administration imposing tariffs that could double the price of solar panels from abroad.
The 4-0 vote by the International Trade Commission sets up a twomonth review period in which the panel must recommend a remedy to President Donald Trump, with a decision on tariffs expected in January. White House spokeswoman Natalie Strom said Trump “will examine the facts and make a determination that reflects the best interests of the United States.”
Georgia-based Suniva Inc. and Oregon-based SolarWorld Americas brought the case, saying a flood of imports have pushed them to the brink of extinction. Suniva declared bankruptcy, while SolarWorld had to lay off much of its workforce.
Cheap imports have led to a boom in the U.S. solar industry, where rooftop and other installations have surged tenfold since 2011.
The main trade group for the solar industry and many governors oppose tariffs, saying they could cause a sharp price hike that would lead to a drop in solar installations by more than 50 per cent in two years. Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association, called the trade commission’s vote disappointing for nearly 9,000 U.S. solar companies and the 260,000 Americans they employ.
Hopper warned that potential tariffs could double the price of solar installations, lowering U.S. demand and risking billions of dollars in investment. Suniva hailed the ruling. “It will be in President Trump’s hands to decide whether America will continue to have the capability to manufacture this energy source,” the company said in a statement. “President Trump can remedy this injury with relief that ensures U.S. energy dominance that includes a healthy U.S. solar ecosystem and prevents China and its proxies from owning the sun.”
Trump has not cozied up to the solar industry, as he has for coal and other fossil fuels, but he is considered sympathetic to imposing tariffs on solar imports as part of his “America first” agenda.