Do you think Big Oil played a part in May 17th decision to put a huge tariff on solar panels?
The USA has put a 31% "anti-dumping" tariff on solar panels from China. It is not as if solar panels are so cheap everyone is rushing out to put them on their roof.
NO---Obama is trying to stop the solar companies in America from bankruptcy. He threw money at them and would lose the election if another goes out of business. He certainly is a poor invester. Amoung other things.
No. China is kicking our butts in the production of solar panels at costs that we can't compete with and it is making Obama look bad because he has thrown so much of our money at solar businesses that fail. These failing businesses have been lobbying for tariffs as the steel industry did decades ago (I expect the results will be comparable as well) and they are well connected as we all know. This is all part of the ongoing trade war with China that will be heating up as American businesses demand entry to China's growing market that is resulting from a huge population that is becoming more prosperous. China has been manipulating the yuan to gain unfair trade advantages and they have so much of our currency that it is diificult for us to respond adequately without the threat of them hurting the dollar. The trade war will heat up as the tit for tat continues to the point real conflict becomes a real possibility. It is likely to manifest itself in areas outside of the US and China like Africa, the Middle East, and the Pacific Rim. Taiwan should be bellweather that should warn us that we are entering dangerous times. This situation is similar to what led to the recession that turned into the Great Depression with the enactment of the Hawley/Smoot Tariff Act.
I think if a US company can't compete on price in an industry, then let that company fail. The administration should continue to focus on infrastructue improvements to the grid that will employ thousands. Let business find the cheapest suppliers.
The problem is that letting a US industry fail because another nation has a nearly enslaved workforce and abhorent working conditions is saying that to win we need a nearly enslaved workforce also. GM and BofA should have failed. Mostly agree PR.
by Ralph Schwartz 3 months ago
The President announced today that America will levy tariffs on steel and aluminum to the EU, Mexico, and Canada tonight - retaliatory measures are already being drafted against the country and the stock market is tenuous at best. Commerce Secretary Wilbur Ross said trade talks with the...
by paradigmsearch 6 years ago
And so it goes..."President Barack Obama hit China automobile tire makers with a trade tariff in 2009 and now Beijing has struck back with a potentially more punitive tariff, as much as a 21% tax hike on U.S. car exports bound for China, the world's largest auto...
by Aya Katz 6 years ago
Which alternative energy source is more efficient and cheaper to maintain: solar panels or windmills?
by brainlara2011 6 years ago
What is the importance of the solar panel courses.?What is the importance of the solar panel courses.?
by JAKE Earthshine 3 weeks ago
And just about everything else: His crazy reckless ineptitude is causing massive gas and product tax hikes which is passed on to all Americans: While retarded, dangerously unhinged ‘Donald the Bozo CLOWN’ falls perversely in love with an evil N Korean dictator named Kim Jung Un like the natural...
by russellwnentwich 6 years ago
I recently came to the conclusion that no new house should be built without solar power, and solar water heaters installed.Currently solar power cells cost more per kilowatt hour than conventional power does. But, what if the EPA manned up and pushed for new buildings to derive a certain percentage...
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|