- cross-posted to:
- usa@lemmy.ml
- cross-posted to:
- usa@lemmy.ml
The US commerce department has announced the new tariffs, targeting companies in Cambodia, Thailand, Malaysia and Vietnam, after an investigation begun a year ago when American manufacturers of solar panels accused Chinese companies of flooding the market with subsidised, cheap goods.
Products from Cambodia would face the highest tariffs, of 3,521%, because its companies did not cooperate with the US investigation, while products made in Malaysia by the Chinese manufacturer Jinko Solar face duties of just over 41%; rival Trina Solar’s products from Thailand will incur tariffs of 375%.
However, critics, including the Solar Energy Industries Association trade group, have said tariffs would harm US solar producers because they would raise prices on the imported cells that are assembled into panels at American factories.
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Man 36.2x the price i could stomach but that extra percent really kills it
Hopefully the price drop some more and I can buy some for cheaper.
Cheap solar panels IS A GOOD THING! We want and need them as cheap as possible, if we want to have at least a tiny chance in preventing a climate catastrophe. But Western imperialist only care about their profits.
It’s only a good thing if you’re not a genocidal empire profiting from planetary destruction.
Only 2.5 days late. You’ll get there.
Since you’re so up to date maybe you should do some posting instead of being snarky.
I guess that is a legitimate issue in this case since US policies are flip-flopping from day to day lol
