Trump's Solar Tariff Makes America A Loser Again
President’s Decision on Solar Tariffs is a Loss for America
January 22, 2018 (Solar Energy Industries Association)
“…[The decision by President Trump to impose 30 percent tariffs on imported solar cells and panels will likely] cause the loss of roughly 23,000 American jobs this year, including many in manufacturing, and it will result in the delay or cancellation of billions of dollars in solar investments…[These tariffs] will not create adequate cell or module manufacturing to meet U.S. demand, or keep foreign-owned Suniva and SolarWorld afloat…[but] 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 [according to Solar Energy Industries Association (SEIA) President/CEO Abigail Ross Hopper]…SEIA estimates that a tariff at this level will eliminate, not add to, American manufacturing jobs. There were 38,000 jobs in solar manufacturing in the U.S. at the end of 2016, and all but 2,000 made something other than cells and panels, [including] metal racking systems, high-tech inverters, machines that improved solar panel output by tracking the sun and other electrical products…” click here for more
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