Trump’s Solar Tariffs Turn 2 Years Old, Blistering an Industry

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 59%

United States Headlines News

United States Latest News,United States Headlines

(Bloomberg) -- Want to receive this post in your inbox every day? Sign up for the Terms of Trade newsletter, and follow Bloomberg Economics on Twitter for more.Today marks the second anniversary of Donald Trump’s first deployment of tariffs as U.S. president, and one of the main intended beneficiaries

-- Want to receive this post in your inbox every day? Sign up for the Terms of Trade newsletter, and follow Bloomberg Economics on Twitter for more.

The move, based on a so-called 201 case requiring proof of serious harm from unfair global competition, put tariffs on $8.5 billion in solar modules and cells starting at 30% in year one and scaling down to 15% by year four. Since then, some solar companies that initially pushed the U.S. government for tariffs have either gone bankrupt or been acquired. Other firms that received exemptions or are otherwise unaffected by the levies have benefited. It’s also worth noting that neither the U.S.-China phase-one deal nor the U.S-South Korea agreement resolved the Trump administration’s solar concerns.U.S.-based First Solar has benefited, though much of its manufacturing capacity is in southeast Asia.

That last part is particularly ironic given what’s also happening today in the Swiss Alps. Trump is just wrapping up meetings at the World Economic Forum, where government and business leaders are focusing on the dangers posed by climate change.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

never install thin-film solar panels featuring very low efficiency and short life cycle, already recycled in Europe

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 380. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mother admits to killing three kids found dead in Phoenix home, police sayThe mother of the 3 children found dead in a Phoenix home has admitted to killing the children, and has been arrested, police say. Before I read the article, I got $20 that says she’s white. The media will play it as a “mental health” thing. 22 years old and three kids under 3....
Source: NBCNews - 🏆 10. / 86 Read more »

Trump vs. Thunberg: The climate crisis could dominate Davos'The world is in a status of emergency,' says Klaus Schwab, executive chairman of the World Economic Forum. This year, the conference for global elites turns its attention to the climate crisis and sustainability. ^says the guy that flew to the event via private plane 🤦🏻‍♂️ Repost with 'state' vs status Globalist Said... (must repeat)
Source: CNN - 🏆 4. / 95 Read more »

Mother told Arizona police she smothered 3 young childrenMother of three children found dead in a Phoenix home told police that she smothered her young children, police said. Talk about going against nature! 💭Is she black?! NBC News Everyone Please Pray. Sincerely MS Gary
Source: NBCNews - 🏆 10. / 86 Read more »

The Best Panzanella Recipes of WinterTurns out bread salads are excellent all year round. Haven’t read yet, but I’ve heard “torn” bread is best. Am I right?
Source: epicurious - 🏆 114. / 63 Read more »

Father and 4-year-old son shot in head while play wrestling when man's concealed gun dischargesA 36-year-old father and his 4-year-old son were rushed to hospital after being accidentally shot in the head when a gun discharged while they were play wrestling togethe accidental discharge? Guns🙄 This happens in A country - in A great country ruled by Gun Producing Companies in the 21st century where they in turn selected a Donkey as president
Source: ABC - 🏆 471. / 51 Read more »

A mother has killed her 3 children in Phoenix, police sayA woman has been arrested in Phoenix on suspicion of killing her three children -- her infant daughter, her 2-year-old daughter and her 3-year-old son -- police said Tuesday. 😢😢😢 Why she do this? Legalize 31 month abortions
Source: CNN - 🏆 4. / 95 Read more »