Trump Tariff Fears Cast Shadow Over U.S. Solar Industry



U.S. solar companies are snapping up cheap imported solar panels. Why?
A trade decision by the Trump administration could drive up costs and cloud the fortunes of one of the economy’s brightest stars.
Domestic consumers and businesses have been embracing solar energy at a furious pace – thanks to a big assist from Asia.
According to Reuters, low-cost photovoltaic cells and panels made there have cut costs by around 70% since 2010.
Jobs are mushrooming too. The American domestic industry now employs more than 260,000 people.
Now, the Trump administration may double the price of on Asian solar imports, allowing American firms to compete.

http://feeds.reuters.com/~r/reuters/topNews/~3/4PgZCuO-J_Q/us-usa-trade-solar-insight-idUSKBN1AA0BI

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Post time: 09-14-2017