How Far Will Trump Tariffs Cut into Solar Power's Growth in the U.S.?
SUGAR LAND--February 21, 2018--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--President Donald Trump's decision last month to impose hefty tariffs on imported solar cells and panels has been decried by some in the industry, tut-tutted by others. The decision, announced January 22 and effective February 7, will impose a tax of 30% on imported solar panels over the next 12 months. Most observers expect the tariff decision will cut into the expected growth of U.S. solar power.
Within this article: Details on how Trump's decision could affect the domestic solar-power industry.
Companies featured: SunPower Corporation (NASDAQ:SPWR), Total S.A. (NYSE:TOT), Lazard Limited (NYSE:LAZ)
