Trump Thwarted in Latest Bid to Kill Solar-Tariff Loophole
Source: Bloomberg
(Bloomberg) -- A U.S. trade court on has temporarily blocked the Trump administration’s 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 didn’t respond to an email seeking comment.
Read more: https://finance.yahoo.com/news/trump-thwarted-latest-bid-kill-165909187.html?_fsig=QsbVHpSkZGPwj4OfNCz4Ow--
