ABikerSailor
Diamond Member
- Aug 26, 2008
- 55,567
- 14,699
SunPower's decision to halt its growth in California and Texas follows President Trump's announcement Monday that a 30 percent tariff would be placed on all imported solar technologies.
President Donald Trump’s decision to impose tariffs on cheap imported panels was intended to protect American manufacturing jobs, but many in the solar industry have argued that tariffs will raise costs and trigger thousands of layoffs in the installation end of the industry.
SunPower puts U.S. expansion on hold over Trump tariff
Poor, Poor Douche. You no good at creating JOBS!
Our employed workers here, are not makers but maintenance and installers.
China makes them so cheap we can't make them here to install.
This is Big Oil fucking America.
Why don't they make their own solar panels?
Saw this on VICE News the other day. And, the reason we don't have many American made solar panels is because there aren't that many companies here that make them. I think American solar panels are only about 15 percent of the market.
And, putting a 30 percent tariff on foreign solar panels (where most are made anyway), will only drive the cost up for the consumer, because the companies will simply pass the tariff off to the customer. What used to cost 100 bucks is now 130, and because of that, many will opt to not use solar power because it will be more expensive again. And just when solar was getting ready to seriously compete with other forms of energy.
And, when people quit installing solar panels, there will be fewer workers required to install them, resulting in a lot of jobs being lost. And those aren't jobs that are outsourced to other countries, those are American jobs being lost.
Yeah..............you can tell Trump I'm tired of his "winning".
Only temporarily. Markets abhor a vacuum and now there is greater incentive to make the panels HERE. American made, better panels, similar costs and more work for everyone.
It may increase the incentive, but in order for the factories to fill the gap, there has to be more factories. Again, how many investors do you currently think are there to invest in a new solar panel factory?