Posted on 06/07/2022 6:46:25 AM PDT by rktman
President Joe Biden is set to use his executive authority Monday to issue a 24-month moratorium on solar panel tariffs designed to bolster U.S. industry.
Biden’s actions will pause enforcement of Obama-era anti-circumvention tariffs on solar panels and invoke the 1950 Defense Production Act (DPA) to boost domestic panel manufacturing, the White House announced. The president’s move came in response to complaints from the green energy industry and Democratic lawmakers that an active Commerce Department probe into Chinese companies’ alleged tariff violations was slowing the administration’s clean energy goals.
(Excerpt) Read more at dailycaller.com ...
Biden is a Chinese Communist Party’s Sell-out. No other explanation.
build back beijing
i smell a 2024 campaign slogan
China is sucking wind right now, so naturally Biden wants to help. Xi told him his little red envelope is in the mail.
Look out a ton of Chinese Communist Party crap is about to get dumped on the US and Biden will get 20% you know because of his inflation
Yep… BUILD BACK BEIJING indeed. And 10% for the big guy.
BUILD BACK BEIJING BETTER BABY!!!
The Chinese own Biden and the federal government…
Saw a lot of attire like that last Friday night at a Marshall Tucker concert. Hats, shirts............ Warmed the cockles of my heart.
Send a pandemic around the world and Biden rewards them by lifting tariffs. Send another pandemic and Biden will send them a trillion in aid.
I doubt if Biden is getting any kickbacks now. They’ve got him where they want him and they all know it. He doesn’t dare buck them.
I will play Devils Advocate on this.
How many US solar panel producers are there?
We all recall Solyndra.
I remember that Musk had a company in Buffalo, NY that was supposed to build solar panels. NY/Cuomo made a big deal about it a few years back. Then I never heard anything more about it.
Why have a tariff IF it is not benefiting or protecting any US manufacturers?
It is kind of like putting a tariff on Chinese flat screen TV manufacturers. Who benefits?
I wanted to get LG solar panels made in Huntsville, AL (closer to home). But for the life of me I couldn't find out exactly which LG models were made in Alabama and which were made in South Korea. That Huntsville plant was recently shut down.
First Solar is made in Ohio.
Tesla panels made in the U.S.
We’re saved! At least we won’t have to face all those summer blackouts now that we can get cheap solar panels from CHINA. Biden’s a genius.
It is sad. Solar panels were invented at Bell labs in the 50s. We had 95% of the manufacturing marked up until the 80s. But it isn’t just China, we’ve been losing marketshare for 40 years to other countries (initially, mostly to Japan).
~%1 of solar cells are now made in the US, 67% in China. I don’t think it is a critical market, so not worth tariffs at this point to protect a few companies. Solar panels are a luxury item, not a necessity.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.