Trump imposes tariffs on solar panels and washing machines in one of administration's most...
Source: The Washington Post
Trump imposes tariffs on solar panels and washing machines in one of administrations most significant trade actions
By Washington Post Staff January 22 at 5:17 PM
President Trump took action among the most concrete yet in two pending trade disputes, imposing tariffs on imported solar panels and washing machines. The move comes in response to petitions from American manufacturers that complained that rising imports were eating into their sales.
Trump acted under a provision of U.S. trade law authorizing global tariffs. The provision had not been used since President George W. Bush levied tariffs on imported steel in 2002.
Trump has railed against what he has called the unfair trade practices of other countries. He has ordered a renewed look at U.S. trade policies and prompted a renegotiation of the North American Free Trade Agreement.
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Read more: https://www.washingtonpost.com/news/politics/wp/2018/01/22/trump-imposes-tariffs-on-solar-panels-and-washing-machines-in-one-of-administrations-most-significant-trade-actions
Eliot Rosewater
(31,109 posts)so I dont see this lasting long.
jmowreader
(50,546 posts)And as for the "unfair trade practices of other countries"...the Trump Collection and Ivanka's merchandise are all still made overseas, correct?
unblock
(52,164 posts)to reap the lower costs that a willingness to overwork workers and pollute the environment gets.
alfredo
(60,071 posts)It's going to raise the price of solar, and that will help the coal industry.
riversedge
(70,177 posts)still_one
(92,110 posts)alfredo
(60,071 posts)still_one
(92,110 posts)alfredo
(60,071 posts)We know theyve been dumping, but there are US companies that could be hurt by the increase in costs. It could raise the per kilowatt cost of solar.
still_one
(92,110 posts)alfredo
(60,071 posts)They are lending us money to buy their goods.
steventh
(2,143 posts)according to Do It Yourself Solar Homes
http://diysolarhomes.com/blog/solar-panel-manufacturers/top-10-solar-panel-manufacturers-in-usa/
Some solar panel foreign manufacturers (China, Germany, Taiwan, Pakistan, Jordan)
https://www.enfsolar.com/directory/panel
kirby
(4,441 posts)are majority owned by foreign companies.
Suniva is 63% owned by a Chinese company
Solarworld is owned by a German company
SeattleVet
(5,477 posts)our system was all made in Washington State, and if we replace it we will get another one from in-state, because we get a much higher production incentive payment per Kilowatt put into the grid (and no state sales tax).
We got our system 5 years ago, and today the installed price for the same size system is about 50% of what we paid then, and the efficiency is up by about 40% per square foot of roof used. We can have a 50% increase (to go from 6KW to 9KW) for a lot less than the original system. The 30% federal tax credit has been extended to 2020. A new, larger system can pay for itself in about 6 years, even here in the Seattle area.
Omaha Steve
(99,560 posts)Built where a steel mill used to be. It is in an HBO documentary.
Jose Garcia
(2,592 posts)still_one
(92,110 posts)gfwzig
(138 posts)riversedge
(70,177 posts)POLITICS 01/22/2018 05:22 pm ET Updated 1 hour ago
Solar Industry Braces For Job Losses As Trump Puts Fees On Imported Panels
The solar industry created 1 in every 50 new American jobs in 2016.
https://www.huffingtonpost.com/entry/trump-solar-tariff_us_5a66328de4b0022830057908?ncid=tweetlnkushpmg00000067
By Alexander C. Kaufman
Kevin Lamarque / Reuters
President Trumps decision to impose a 30 percent tariff on imported solar equipment marks his most striking blow to renewable energy yet.
1.4k
For the past five years, the solar industry in the United States has boomed, becoming a reliable employment engine and giving hope to policymakers seeking to stave off the worst effects of climate change.
But late Monday afternoon, President Donald Trump approved import fees that analysts say will send the price of solar panels surging and halt hiring in an industry that has grown 17 times faster than the U.S. economy.
Its political fodder to make the United States look like its tough on China, and its protecting American jobs, Noah Ginsburg, a director at a New York-based nonprofit that helps low-income communities install solar panels, told HuffPost. But the reality on the ground is deploying these tariffs will destroy American jobs and negatively impact anyone who wants to participate in and benefit from clean energy.
Solar companies created 1 in 50 new jobs in the U.S. in 2016, with the help of imported solar panels that drastically reduced prices. (The Solar Foundation projects that number will be even higher for 2017; its report on last years figures is due out in a few weeks.) Most of those jobs are at companies that install solar panels on rooftops and build large solar farms for utilities and big corporations.
At the same time, domestic solar panel manufacturers have suffered, unable to compete with cheaper rivals from abroad. Last year, Suniva, a Georgia-based manufacturer owned by a Chinese company, filed a trade complaint with the U.S. International Trade Commission (ITC) after declaring bankruptcy, arguing that its impossible to compete with cheap imports. In May, SolarWorld, the Oregon-based subsidiary of a German panel maker, joined the complaint. The companies requested that the White House impose fees on imported panels under the 1974 Trade Act that would more than double the price of solar cells from about 33 cents to roughly 78 cents per watt.......................................
?ops=scalefit_720_noupscale
Puppyjive
(501 posts)I am ready for appliance reform. Most of the appliances on the market are garbage. Can't speak for high end stuff, but my brother repairs appliances and most repairs cost more than replacing the appliance. The only ones that are halfway decent are made in America. The lifespan of appliances are about 1/4 of what they use to be. Maybe this tariff will be a good thing. Americans can and do make quality stuff, but somewhere along the way, someone at the top decided that profits were more important than quality and you can get people to buy 3 crappy refrigerators in stead of one good one. And to make more profit for those at the top, we will make them with cheap labor in other countries. Don't ever purchase a fridge with the ice maker in the fridge. Ice makers belong in the freezer section. I learned my lesson and listen to my bro. Sorry, rant over.
still_one
(92,110 posts)"For the past five years, the solar industry in the United States has boomed, becoming a reliable employment engine and giving hope to policymakers seeking to stave off the worst effects of climate change.
But late Monday afternoon, President Donald Trump approved import fees that analysts say will send the price of solar panels surging and halt hiring in an industry that has grown 17 times faster than the U.S. economy.
Its political fodder to make the United States look like its tough on China, and its protecting American jobs, Noah Ginsburg, a director at a New York-based nonprofit that helps low-income communities install solar panels, told HuffPost. But the reality on the ground is deploying these tariffs will destroy American jobs and negatively impact anyone who wants to participate in and benefit from clean energy.
Solar companies created 1 in 50 new jobs in the U.S. in 2016, with the help of imported solar panels that drastically reduced prices. (The Solar Foundation projects that number will be even higher for 2017; its report on last years figures is due out in a few weeks.) Most of those jobs are at companies that install solar panels on rooftops and build large solar farms for utilities and big corporations."
https://www.huffingtonpost.com/entry/trump-solar-tariff_us_5a66328de4b0022830057908?ncid=inblnkushpmg00000009
TomCADem
(17,387 posts)...I thought being against tariffs made you a neoliberal?
Indeed, I recall Bernie saying at the start of Trumps presidency that he could find common ground with Trump on trade and last month was urging Trump to pull the trigger and end NAFTA?
Bradical79
(4,490 posts)I have no clue if this is good, bad, somewhere in between... I find international trade to be a subject I'm woefully uneducated on.
ripcord
(5,311 posts)In or with the US pay a living wage to their employees.