On Monday January 22, 2018, the Trump administration brought in a 30% tax on imported solar panels. This new solar tax will last four years and decrease over time to 15% in its last year.
“Over the last 5 years, nearly 30 American solar manufacturers collapsed; today the President is sending a message that American innovation and manufacturing will not be bullied out of existence without a fight… This is a step forward for this high-tech solar manufacturing industry we pioneered right here in America.”
Of the few that have heard of this new tariff, the common misconception is that it is an attempt to punish China from dumping (selling below cost, to kill competitors) panels but the US only imports 10% of its solar panels from China (see the last 30 seconds of the video below). As you can see in the video below, the US solar industry did not ask for and does not want this tariff.