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m3n4.net November 17, 2018


Solar Panel Executive, Trade Association Condemns Trump's 30-percent Tariff

26 January 2018, 01:52 | Tara Lloyd

Solar Panel Executive, Trade Association Condemns Trump's 30-percent Tariff

Trump Signs Safeguard Measures against Imported Washing Machines Solar Cells

U.S. Trade Representative Robert Lighthizer recently announced that President Trump approved a recommendation to approve safeguard tariffs on solar cells and modules imported from China.

The move could be considered by some as a "major blow" to the $28 billion solar industry, which imports around 80 percent of its solar panel products. That has made solar power more competitive with electricity generated from coal and natural gas.

The tariffs decline to 16pc and 40pc respectively in the third year. He says government tariffs will increase the cost of solar and depress demand, reducing orders and costing manufacturing workers their jobs.

"Our action today helps to create jobs in America for Americans", Trump said during the signing at the White House.

China's local government debt growth nearly doubles in 2017
With fixed asset-investment growth at the weakest pace since 1999, exports helped pick up the slack. For the year, retail sales rose 10.2 percent, compared to 10.4 percent growth in 2016.

"The president's action makes clear again that the Trump administration will always defend American workers, farmers, ranchers, and businesses", said Robert Lighthizer, the US trade representative.

Moving forward, MIDF expects that the Trump administration will impose tariffs on steel and aluminum industries.

"To think of solar as a manufacturing business in the U.S.is misguided", Kadish says". Those countries export the bulk of washers to the United States.

That will hurt American businesses that install panels and produce equipment used in solar systems.

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We remember a year ago, two struggling U.S.

Frank Yu, a Bejing-based consultant with Wood Mackenzie, wrote in a note to investors Monday, "the duty barrier will shock Asian suppliers in the near term and they will likely switch gears to penetrate more into the growing Asian markets to offset the impact".

However, a few US subsidiaries of foreign companies argue the domestic manufacturing of solar cells and modules has been decimated by a flood of imports, mostly from Chinese companies with operations throughout Asia. It was ruled by the International Trade Court in September that imports had damaged the local solar panel industry.

"While we believe the decision will be significantly harmful to our industry and the economy, we appreciate that the president and the administration listened to our arguments", Hopper said.

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Last Saturday's 2-2 draw at Leicester was the first of four top-flight games in 10 days for United . For us to score two goals we need to play in their half for 45 minutes, with only one defender.

Its manufacturers, including Samsung and LG, compete in the washing machine market with U.S. firms such as Whirlpool.



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