Solar panel import tax could net $1 billion this year
A 30 percent tariff on solar panels imported from China will help U.S. manufacturers, but even with ramped-up production those companies won’t be able to meet domestic demand. Solar power companies will still use lots of imported panels, and pay up to a billion dollars in tariffs this year, by one estimate.
Stories You Might Like
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
