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Mon Oct 26, 2020, 03:28 PM

Trump Thwarted in Latest Bid to Kill Solar-Tariff Loophole

Source: Bloomberg

(Bloomberg) -- A U.S. trade court on has temporarily blocked the Trump administrationís latest bid to end a loophole it had granted on two-sided solar panels.

The order on Saturday came weeks after President Donald Trump moved to eliminate a tariff exemption for the two-sided, or bifacial, panels. Prior to that proclamation, the government tried for more than a year to revoke the exemption, only to get repeatedly thwarted by the trade court.

Court of International Trade Judge Gary Katzmann issued a temporary restraining order that effectively prevents the tariff exemption from being removed for two weeks, unless the court takes other action during that time.

A spokesman for the U.S. Trade Representative didnít respond to an email seeking comment.



Read more: https://finance.yahoo.com/news/trump-thwarted-latest-bid-kill-165909187.html?_fsig=QsbVHpSkZGPwj4OfNCz4Ow--

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