Trump's tariffs will damage shoppers, employees

US Steel optimistic after tariffs on washing machines and solar panels

"It's a setback for solar in Texas but we're still very optimistic that the industry will still continue to grow", Charlie Hemmeline, executive director of the Texas Solar Power Association, said in a phone call.

The Solar Energy Industry Association (SEIA) also issued a press release on Monday, stating it-together with the national trade association for the USA industry-have "expressed disappointment in the decision by President Trump to impose 30 percent tariffs on imported solar cells and panels".

They've tried to turn their preference for dirty energy into concrete policy, too. The administration acted at the request of two bankrupt US solar panel manufacturers and Whirlpool, the Ohio-based appliance manufacturer.

China's exports to the US surged 15 percent a year ago, pushing the Asian country's trade surplus with the U.S.to a new record.

ECKHOUSE: They have a technology that basically exempted from the tariff imposed by Trump on Monday. Instead, they might actually discourage domestic investments in innovation, crucial to an American solar manufacturing revival.

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The average American is going to notice that long before they notice that solar panels have gotten pricier. In 2017, a solar module producing one watt of power cost only around one-fifth of what it did in 2010.

He and other Democratic and Republican senators who signed the letter, including GOP Sen.

President Trump's thirty percent tariff on imported solar panels, a step backwards Evansville's Morton Solar was expecting. Solar jobs have more than doubled in the last five years. "If we're 30 percent more on our projects, we are back up to the cost of coal and oil".

Sure, China wants globalism after its trade violations have destroyed every other country's industrial base, leaving the Asian giant standing as the only producer globally. The administration's Fortress America approach to trade is based on the far-fetched notion that we can lift USA manufacturing by building tariff walls that punish foreign competitors and bludgeoning our trading partners to accept more of our goods. USA workers earn much higher salaries than workers in China and other developing countries, meaning that USA manufacturers can't rely on cheap labor costs for their competitive advantage. With razor-thin cost margins, utilities cautiously pick the most cost-effective fuel resource - and only recently has solar been able to compete on its economic merits with coal and gas. Adding more taxes leads to less solar production, not more, which would hurt the industry as a whole. Asian manufacturers have moved so far ahead that with the tariffs expiring in four years, it's unlikely that USA manufacturers can react quickly enough to expand production. "The ITC found that US producers had been seriously injured by imports and made several recommendations to the President". But a blunt tool like a tariff will hurt, not help, one of the fastest growing industries in the country. This approach would wage war not on China but on unclean energy.

As the federal government does the wrong thing, states can act, including New Mexico. Mimi Stewart, D-Albuquerque, has filed Senate Bill 79, to restore the credit for 10 percent of the total cost of materials and installation with a $9,000 cap.

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