March 22, 2018

Solar officials say Trump's tariff will kill New Mexico jobs

25 January 2018, 01:34 | Sam Montgomery

Solar officials say Trump's tariff will kill New Mexico jobs

A solar panel sits near a tomato field at Wards Berry Farm in Sharon Massachusetts on Oct. 24 2017

President Donald Trump on Tuesday signed into law a steep tariff on imported solar panels on Tuesday, a move billed as a way to protect American jobs but which the solar industry said would lead to tens of thousands of layoffs.

"We will work with the USA government to implement these remedies, including future negotiations, in the strongest way possible to benefit solar manufacturing and its thousands of American workers to ensure that USA solar manufacturing is world-class competitive for the long term".

The proclamation signed Tuesday would take effect February 7 and would allow 2.5 gigawatts worth of cells to be imported before a 30 percent tariff would kick in.

The Trump administration has blamed the five-year-old deal for the growing USA trade deficit with South Korea.

"Today, China dominates the global supply chain and, by its own admission, is looking to increase its capacity to account for 70 percent of total planned global capacity expansions announced in the first half of 2017", the office said.

The US Trade Representative (USTR) made the recommendations to the President based on consultations with the inter agency Trade Policy Committee (TPC) in response to findings by the independent, bipartisan US International Trade Commission (ITC) that increased imports of washers and solar cells and modules are a substantial cause of serious injury to domestic manufacturers.

The Solar Energy Industries Association, a trade group, estimates that the tariffs will eliminate 23,000 jobs this year and lead to the cancellation of billions of dollars' worth of solar investments.

If the tariff cools growth in the US solar industry, it could help Trump's effort to support the coal industry - which competes with renewable energy technologies for a share of the nation's power generation market. That migration has resulted in lower-priced solar projects, which is helping to drive consumer demand because the time to recoup upfront installation costs is shorter than ever.

It pointed to a conclusion reached by the United States International Trade Commission that washing machines exports from Mexico don't harm the US industry.

"These cases were filed by American businesses and thoroughly litigated at the [ITC] over a period of several months", Lighthizer said, adding, "The President's action makes clear again that the Trump Administration will always defend American workers, farmers, ranchers, and businesses in this regard".

"New Mexico has seen major job growth in the solar industry, thanks to the rapidly declining cost of solar power", he said in his testimony in October.

The state of New Mexico's credit for residential solar installations expired in 2016. Sen. Other manufacturers from Asia voiced similar sentiments. China, the world's biggest solar panel manufacturer, said the move would further damage the global trade environment. "I don't believe this decision will reverse the solar expansion in the U.S".

In other words, the tariffs are definitely not welcome, and definitely damaging to the solar industry, but they don't amount to an existential threat. As prices plunged, almost 30 US plants closed over the past five years, according to The Associated Press.

"Chinese solar products are just as good, if not, better than US made solar products", Cheshire said.

Other News

Trending Now

50th Anniversary Ford Mustang Bullitt Must Get Super Bowl 2018 Ad
There's subtle badging with only the circular faux gas cap Bullitt logo on the rear visible on the outside of the vehicle . Every motor show features new cars restricted to certain markets, but the United States has more than most.

Don't download Intel's latest Spectre and Meltdown patch, Intel warns
Instead, these partners should "focus efforts on testing early versions of the updated solution so we can accelerate its release". It also comes after Microsoft was forced to withdraw AMD's patch for the Spectre bug after causing users similar problems.

Aced it: Doc says Trump got ideal score on cognitive test
However, he did say that, in theory, a flawless score on the Montreal test does not necessarily rule out cognitive decline. Trump supporters and those closest to the president maintain that the numbers are real and people should get over it.

Everton vs. West Brom live stream
Wayne Rooney has had a hand in 14 goals in 13 Premier League starts against West Brom (seven goals, seven assists). For Pardew, the task at hand appears to be in dealing with the cards he's already been dealt.

Why are Hollywood's famous men refusing to condemn Woody Allen?
Dylan continues to deny her mother manipulated her into going public with the story. Farrow has previously questioned why the "Me Too" movement hasn't ensnarled Allen.

Australian Open: Angelique Kerber beats Maria Sharapova in straight sets
Maria Sharapova is relishing the chance to take on Angelique Kerber in the third round of the Australian Open . My ankle is, I don't know how it is because I don't feel it anymore, but it was nice to be on court.

New Zealand PM expecting first child
The prime minister waited until now to share the news with New Zealanders to ensure the baby was healthy and well. New Zealand Prime Minister Jacinda Ardern is pregnant with her first child.

Olympic Gymnast Aly Raisman Expected To Testify About Abuse By Team Doctor
He was previously sentenced to 60 years in prison in December, after he pleaded guilty in July to child pornography charges. Nassar faces a sentence of 40 to 125 years when Judge Rosemarie Aquilina eventually rules on his punishment.

Warriors Forced To Take Cold Showers Following Win Against Cavs
Cleveland Cavaliers star LeBron James didn't sugarcoat things when he assessed how his team's 2017-18 season has unfolded. Earlier in the week, James said, "I love our potential", when asked about the state of the Cavs.

YouTube faces vlogger outcry on tighter ad rules
A new three-tiered system will be put in place to allow brands to provide feedback on the placement of their ads. YouTube responded by removing Paul from Google Preferred and putting all of his original projects on hold.