President Donald Trump’s attempt to create U.S. jobs by taxing solar panel imports could backfire.
That’s according to the CEO of the Solar Energy Industries Association trade group, who says it’s domestic workers that will feel the pain.
“We have been the fastest growing form of new energy...and this is putting the brakes on that crazy growth,” Abigail Ross Hopper told Cheddar in an interview. “These are not people who are looking for what nationality the company they work for is. They just want to feed their families and pay their mortgages. And those are the people whose jobs are at risk.”
Earlier this week President Trump signed a law that would impose a 30 percent tariff on imported solar panel and sells, a move the administration says will encourage domestic manufacturing.
But the SEIA says the vast majority of the 260,000 Americans employed in the industry work in peripheral industries like installation. Ross Hopper says the bill will result in 23,000 layoffs this year and delay or cancel billions of dollars of investment in the sector.
She also says it might dissuade U.S. consumers from going green.
“Most [businesses and consumers] want to choose solar because it saves them money,” she said. “This decision changes that calculus.”
For full interview [click here](https://cheddar.com/videos/solar-power-in-america).
Sen. Tammy Duckworth discusses her support for President Biden's infrastructure plan and how it would potentially help improve the economy.
President Biden has named a racially diverse and overwhelmingly female group to federal and other judgeships. His first list of judicial nominees includes three Black women for U.S. courts of appeals.
Authorities say two Ecuadoran children were abandoned by smugglers after being dropped over a 14-foot-high barrier along the U.S.-Mexico border Tuesday evening.
The still-elevated number of unemployment claims shows that many employers are still cutting jobs even as more businesses reopen, vaccines are increasingly administered and federal aid spreads through the economy.
With President Biden unveiling a $2.9 trillion infrastructure plan, the old gas tax formula may not be able to serve as a matching revenue source, especially with the consistent drumbeat of growing the electric vehicle market.
The Minneapolis officer who put his knee on George Floyd's neck defended himself to a bystander afterward by saying Floyd was “a sizable guy” and “probably on something."
The Biden administration for the first time has allowed journalists inside its main border detention facility for migrant children.
Microsoft won a nearly $22 billion contract to supply U.S. Army combat troops with its virtual reality headsets.
President Joe Biden wants $2.3 trillion to reengineer America’s infrastructure and expects the nation’s corporations to pay for it.
Andrew Williamson, vice president of global government affairs and economic adviser for Huawei, spoke to Cheddar about the Chinese telecom company's lack of communication with President Biden regarding ongoing trade tensions with the U.S.
Load More