Trump Jacks Up Tariffs On Solar Panels. Here’s How China Responded. By Ryan Saavedra.
Just one week after the Trump administration announced a massive 30% tariff on imported solar panels, one of China’s largest solar panel manufacturers announced plans to open a manufacturing plant in the United States.
Regarding the huge hike in import tariffs, Trump said last week:
When we do this, a lot of manufacturers will be coming to the United States to build washing machines and also solar. For both solar and washing machines, these executive actions uphold the principle of fair trade and demonstrate to the world that the United States will not be taken advantage of anymore. Our companies will not be taken advantage of anymore.
You won’t hear about that in the PC media.
hat-tip Scott of the Pacific