Trump Puts Tariff On Imported Solar Panels
President Trump has just approved a new 30 percent tariff on solar panels. The decision came after consulting with the bipartisan U.S. International Trade Commission, which recommended the tariff.“The President’s action makes clear again that the Trump Administration will always defend American workers, farmers, ranchers, and businesses in this regard,” said U.S. Trade Representative Robert Lighthizer.While a tariff would boost domestic solar panel manufacturers, the truth is that few solar panels are actually built in the United States, and the world’s boon in cheap solar energy comes via panels made elsewhere....