The U.S. ITC has recommended applying restrictions to imports of solar power equipment. The four commissioners made three separate recommendations including tariffs of up to 35% and quotas. President Trump will formally receive the recommendations on November 13, and has until January 12 to enact them. The tariffs are lower than expected – U.S. manufacturer First Solar saw a 9% drop in its stock price. A 35% tariff would only increase average import values back to July 2016 levels, Panjiva data shows. They already rose 45% since January due to hoarding. Malaysia (34% of U.S. imports) and...
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