How Far Will Trump Tariffs Cut into Solar Power's Growth in the U.S.?

How Far Will Trump Tariffs Cut into Solar Power's Growth in the U.S.?

How Far Will Trump Tariffs Cut into Solar Power

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)

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