If it weren’t for massive government subsidies solar panels would be reserved for calculators and charging batteries. If there was a market for them a 30% increase in price would have only a minor impact in the market. Keep in mind a solar powered car still travels slower than a human can go on a bicycle.
Start making those solar panels here in America, by Americans and avoid those tarrifs.
Good move. Except for socal and the desert SW, residential solar is stupid. It needs massive subisides, particularly net metering, to be competitive. It will improve and get cheaper and then utilities can do large scale solar farms to manage it properly. But mainly the longer we delay the changeover the fewer Chinese panels we will have in our landfills in 20-30 years.
This seems excellent, since solar panels are a totally optional purchase.
A tariff is a tax but not a tax on the exporter but the consumer.
Tariffs cost jobs they don’t save them.
This is strictly a retaliatory tariff. It is a political decision one which cannot be defended from a good economics point of view.
It is a tax and its defenders should understand that.
If there's a demand for a product, let Americans fill the need. We used to be great at that sort of thing... and will be again.
Looks like the government taxing US consumers to bail out a couple of bankrupt companies.
Notice that there’s no claim that the foreign producers are doing anything unfair or illegal.
It didn’t take the washing machine companies long to respond to the tariffs. One of them is building a factory as fast as it can, and the other started churning out washing machines in South Carolina about a week and a half ago, with a goal of a million machines by the end of the year.
And it’s all Trump’s fault. If Bush III or Clinton II had gotten elected, those jobs would still be in Asia.
Global warming believers hit worst.
Sending messages to China and S. Korea about dealing with the NORKs...
The terriffs are a disincentive to buy certain foreign made products.
Especially, one’s that could be made in Amwrica?
Kind of the same way the lower mortgage deduction is and a disincentive to cheat other states?
In the overall scheme of things, a tariff on solar panels is trivial.
The fact of import is that the action is a shot that will be heard all around the world and number 1 topic of discussion at Davos.
The president has shaped the Davos battlefield to his advantage.
And as an aside....... the announcement from Apple has firmly girded his flanks.
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Except for off-grid applications, solar panels are feel-good Foo-Foo!
The tariff should be 100% on such novelties, refunded to the user in off-grid applications that are verified.
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REMEMBER:
Hillary and her half billion solar panels: Where will they come from?