Environment & Energy

Eugene

(61,900 posts) Mon Jan 22, 2018, 07:16 PM Jan 2018

Trump imposes 30 percent tariff on solar panel imports

LBN thread: Trump imposes tariffs on solar panels and washing machines in one of administration’s most significant trade actions

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Source: The Hill

Trump imposes 30 percent tariff on solar panel imports

BY TIMOTHY CAMA - 01/22/18 04:57 PM EST

President Trump on Monday imposed tariffs of 30 percent on imported solar panel technology in a bid to protect domestic manufacturers while signaling a more aggressive approach toward China.

The move is a major blow for the $28 billion solar industry, which gets about 80 percent of its solar panel products from imports.

The Solar Energy Industries Association predicted the tariffs would increase prices and kill 23,000 jobs. The group represents manufacturers as well as installers, sellers and others in the field.

“While tariffs in this case will not create adequate cell or module manufacturing to meet U.S. demand, or keep foreign-owned Suniva and SolarWorld afloat, they will create a crisis in a part of our economy that has been thriving, which will ultimately cost tens of thousands of hard-working, blue-collar Americans their jobs,” Abigail Ross Hopper, the group's president, said in a statement.

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Read more: http://thehill.com/policy/energy-environment/370171-trump-imposes-30-tariffs-on-solar-panel-imports

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Trump imposes 30 percent tariff on solar panel imports (Original Post) Eugene Jan 2018 OP

WTO will overturn. This may delay the inevitable as America regresses to the Fred Sanders Jan 2018 #1

I'm under the impression that no solar panels are made in this company. PoindexterOglethorpe Jan 2018 #2

Fred Sanders

(23,946 posts)

1. WTO will overturn. This may delay the inevitable as America regresses to the

Reply to Eugene (Original post)

Mon Jan 22, 2018, 07:25 PM

Jan 2018

stone age and the rest of the world points and laughs.

"It is likely to be settled eventually by the Switzerland-based World Trade Organization (WTO), where China and other countries are nearly certain to challenge the tariffs as a violation of international law.

The provision under which Trump took action has been used rarely, and its tariffs are almost always struck down by the WTO. The last time it was used was in 2001 for steel imports, and the WTO overturned the penalties."

Conveniently placed at end of article!

The domestic solar industry can not ever meet domestic demand, not anytime soon, and not without steeper prices...leading to less installations, less good jobs.

But Christian prosperity gospel guy Pruitt wants to rape the Earth...it is what God put all the oil and gas and other good stuff there for, obviously. Silly liberals.

PoindexterOglethorpe

(25,862 posts)

2. I'm under the impression that no solar panels are made in this company.

Reply to Eugene (Original post)

Mon Jan 22, 2018, 07:33 PM

Jan 2018

So what an excellent idea, to impose a stiff tariff on something that must be important.

Jeez, he's an idiot.

But even more disturbing to me is that the President can single-handedly impose a tariff. i didn't realize he could.

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