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To: DoggyDogWorld who wrote (2732)5/20/2012 9:58:06 AM
From: Flipper2058  Read Replies (1) | Respond to of 3249
 
Re: US hits Chinese Solar Panels with 31% Tariff

This is a tough one...since how many jobs will be saved and created with the tariff versus lost due to the likely sizable increase in costs of solar and the likely sizable (?) decline in overall orders due to higher costs. It seems so typical Gov't, two branches of Gov't competing with each other.

fool.com

""Part of the reason the solar industry has grown as much as it has in recent years is low-cost Chinese solar modules. Any added cost will eventually make its way back to customers, raising the cost of solar. It may in fact be true that solar modules have been subsidized and dumped in the U.S., but most of the cost associated with installing a solar module is still spent in the U.S., so this won't be a positive impact on the economy or solar installations. A report from The Brattle Group said a 50% tariff level would cost the U.S. 15,000 to 50,000 jobs overall.

The president of the Solar Energy Industries Association has called upon the U.S. and Chinese governments to "work together toward a mutually satisfactory resolution of the growing trade conflict within the solar industry." When trade groups want cooler heads to prevail, you know that a tariff probably isn't good for the whole industry.""