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US wants to impose tariffs on imported solar panels
- salesguy222 9y agoSweet, let me dig up all the usual tropes I can think of so we can all figure out if this is good or bad. Pro-tariff: - "USA can do what it wants!!!!11" - "China = bad quality! sad!" - "Support American jobs!" - "Mercantalism is how we thrive!" Anti-tariff: - Mercantalism kills everyone - Consumers suffer, corporate cronies prosper - People will find ways around the tariff - US made does not always mean better quality
- ferentchak 9y agoMy understanding when Obama wanted to do this that the Chinese were subsidizing their solar panels because it was seen as an important future industry. Those subsidies made the price very very low compared to domestically produced panels and all of our companies were starting to go out of business. I think the view was that if we desired to have the technology to produce solar we would have to step in to assist our companies in the same way the Chinese were assisting their industry. Figured I would get in before everyone thought this was a Trump only protectionist move, the main idea is nothing new. http://www.nytimes.com/2012/05/18/business/energy-environment/us-slaps-tariffs-on-chinese-solar-panels.html http://www.nytimes.com/2012/05/18/business/energy-environmen...