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.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
