Trump Administration Scraps Solar Tariff Exemption

The video discusses the impact of tariffs imposed by the Trump administration on solar equipment, initially set at 30% and later reduced to 24-25%. An exemption for bifacial solar panels was introduced but later revoked, affecting both Asian manufacturers and US utilities. The removal of the exemption benefits US-based manufacturers who had invested in domestic production. The video explores the broader implications for the global renewable energy sector and identifies the beneficiaries of these policy changes.

What was the initial percentage of tariffs imposed on solar equipment entering the U.S. in January 2018?

• 25%

• 30%

• 15%

• 20%

What is a bifacial solar panel?

• A panel that generates electricity on one side

• A panel that generates electricity on both sides

• A panel that is used only in bifacial buildings

• A panel that is twice the size of a regular panel

Why was the exemption for bifacial solar panels revoked?

• Due to environmental concerns

• To support U.S. manufacturers

• Because of a change in government

• To increase solar panel imports

Which group is most affected by the revocation of the bifacial solar panel exemption?

• U.S. consumers

• Asian manufacturers

• European manufacturers

• African manufacturers

Who benefits from the tariffs on solar equipment?

• Companies with U.S. factories

• Foreign solar panel manufacturers

• U.S. consumers

• Environmental organizations