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Trump Imposes 30% Import Tariff on Solar Panels

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Trump Imposes 30% Import Tariff on Solar Panels

Unread postby KaiserJeep » Tue 23 Jan 2018, 04:17:07

The Trump administration slapped a 30% tax on imported solar panels Monday in a move that critics say could slow down a fast-growing industry and kill tens of thousands of domestic manufacturing jobs.

The administration's decision followed a trade case brought by two U.S. solar manufacturers. They contended that cheap solar equipment from China and other countries hurt their businesses. Trump had long promised to boost manufacturing jobs by cracking down on Chinese imports.


https://www.usatoday.com/story/money/business/2018/01/22/trumps-30-tariff-imported-solar-panels-may-cost-jobs/1056440001/
https://www.greentechmedia.com/articles/read/breaking-trump-admin-issues-a-30-solar-tariff#gs.CYFzkLE
http://www.businessinsider.com/the-trump-administration-slaps-30-tariff-on-imported-solar-panels-2018-1
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Warning: Messages timestamped before April 1, 2016, 06:00 PST were posted by the unmodified human KaiserJeep 1.0
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Re: Trump Imposes 30% Import Tariff on Solar Panels

Unread postby Cog » Tue 23 Jan 2018, 06:43:54

Excellent first move to restore fair trading practices.
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Re: Trump Imposes 30% Import Tariff on Solar Panels

Unread postby ROCKMAN » Tue 23 Jan 2018, 11:33:18

Always winners and losers on the same side in a trade war. Losers: commercial solar builders in Texas that were just beginning to boom. Which also means Texas electricity consumers lose. Winners: US solar panel builders. But just how much have they won? If the increased cost of panels kills much of the solar expansion in Texas and elsewhere the US panel builders may not see much of an increase in output. IOW perhaps a bit of a profit and not much volume. Few commercial manufacturers succeed without significant sales volumes.

Appliance makers might fair better: no one has to buy solar panels. That only happens when investors see a profit potential. But when someone's washing machine or frig breaks down they buy a new one. When one pulls the tariff trigger they need to be aware of the nature of its buyer market. Otherwise you might shoot yourself in the foot. LOL.
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Re: Trump Imposes 30% Import Tariff on Solar Panels

Unread postby asg70 » Tue 23 Jan 2018, 14:48:58

ROCKMAN wrote:Winners: US solar panel builders.


Like Tesla (aka SolarCity)

https://electrek.co/2017/08/31/tesla-so ... olar-roof/

Image

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Re: Trump Imposes 30% Import Tariff on Solar Panels

Unread postby rockdoc123 » Tue 23 Jan 2018, 16:55:17

Winners: US solar panel builders. But just how much have they won? If the increased cost of panels kills much of the solar expansion in Texas and elsewhere the US panel builders may not see much of an increase in output.


I believe that some of the parts required to assemble a solar panel are also part of the new tariff, not just assembled panels. So unless plants in the US are set up to build cells from scratch profitably then there is likely few winners here.
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Re: Trump Imposes 30% Import Tariff on Solar Panels

Unread postby Plantagenet » Tue 23 Jan 2018, 17:29:54

The Chinese largely killed off US manufacturing jobs from 2010-12 by dumping solar panels into the US market at prices below cost during Obama's first term. Obama, being a total wimp, did nothing and the US manufacturing sector for solar panels was largely wiped out.

chinese-dumping-cheap-solar-panels-us-market

Solar energy is going to more and more important going forward. Its a key industry for the future. It was crazy for Obama to let the Chinese destroy our solar manufacturing base, especially when the US largely invented solar energy and solar cells. Lets hope Trump succeeds in reviving the US solar cell manufacturing sector with this new tariff.

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Re: Trump Imposes 30% Import Tariff on Solar Panels

Unread postby Outcast_Searcher » Tue 23 Jan 2018, 17:41:24

asg70 wrote:
ROCKMAN wrote:Winners: US solar panel builders.


Like Tesla (aka SolarCity)

https://electrek.co/2017/08/31/tesla-so ... olar-roof/

I don't actually see that impacting Tesla much.

I've looked at the Tesla solar roof, since given time, once well proven and the battery costs for the Tesla Powerwall battery used for a backup solution fall -- this looks like a solid candidate for the solar roof solution I want.

However, these glass tiles are not really direct competitors for regular PV solar panels, IMO, as they are far more expensive. They are adding aesthetics (and for me, durability and less risk, like not punching a bunch of holes in your roof, worries about strong spring winds damaging the panels, etc) -- but at a significant price premium (which I'm OK with to a point, for a one time highly reliable solution. Opinons will vary, of course).

So for a parallel example, if Toyota drops the price of a top of the line Lexus by 5%, that makes it a better deal compared to, say, a Honda Accord. However, since it isn't really competing in that market segment, it's not going to impact the Accord/Camry/Fusion market to a meaningful degree.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Trump Imposes 30% Import Tariff on Solar Panels

Unread postby Outcast_Searcher » Tue 23 Jan 2018, 17:47:23

Plantagenet wrote:The Chinese largely killed off US manufacturing jobs from 2010-12 by dumping solar panels into the US market at prices below cost during Obama's first term. Obama, being a total wimp, did nothing and the US manufacturing sector for solar panels was largely wiped out.

chinese-dumping-cheap-solar-panels-us-market

Solar energy is going to more and more important going forward. Its a key industry for the future. It was crazy for Obama to let the Chinese destroy our solar manufacturing base, especially when the US largely invented solar energy and solar cells. Lets hope Trump succeeds in reviving the US solar cell manufacturing sector with this new tariff.

Cheers!

That will likely be the argument the GOP makes.

However, in what world do you think Trump (and much of his base) being climate deniers has nothing to do with it? I'd say it has EVERYTHING to do with this choice.

Long term, if it helps US panel makers compete to a meaningful degree, great. I just don't expect ANYONE left of center to be buying that as the real motive.

After all, aren't there all kinds of industries that claim "unfair" Chinese competition? Shouldn't Trump be helping them just as much? Or even more if more economic damage is (supposedly) being done?
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Trump Imposes 30% Import Tariff on Solar Panels

Unread postby Cog » Tue 23 Jan 2018, 19:23:32

Perhaps Trump is looking to the future of solar and its necessity and want those panels produced right here instead of overseas. That way we are not at the mercy of a foreign country who could shut us off at any time.
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