Donald Trump's tariffs on panels will cost US solar industry thousands of jobs
Trumps decision to impose a 30% tariff will cost the US around 23,000 jobs and risks slowing the growth of clean energy, advocates warn
Donald Trumps decision to impose a tariff on imported solar panels will cost the US solar industry about 23,000 jobs this year and risks slowing the growth of clean energy that would help address climate change, renewable energy advocates warned.
Trump has imposed a 30% tariff on foreign-made solar cells and modules, with the White House expressing alarm at a huge rise in imported components spurred on by artificially low-priced solar cells and modules from China.
But solar installers warned that the tariff, which will reduce to 15% within four years, will cost US jobs rather than protect them.
The Solar Energy Industries Association said 23,000 jobs would be lost in 2018, pointing out that most solar manufacturing in the US revolves around making parts for cheaper imported panels, rather than the cells and panels themselves.
The installation of panels accounts for around 130,000 further jobs.
It boggles my mind that this president any president, really would voluntarily choose to damage one of the fastest-growing segments of our economy, said Tony Clifford, chief development officer of Standard Solar, which finances and installs panels.
More:
https://www.theguardian.com/environment/2018/jan/23/donald-trump-tariffs-solar-panels