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).
A federal judge has rejected a last-ditch Republican effort to invalidate nearly 127,000 votes in Houston.
For some historically Black colleges and universities, the impact of coronavirus is hitting especially hard and compounding existing financial woes.
Speaking early Monday at a campaign rally in Opa-locka, Florida, Trump expressed frustration that the surging cases of a virus that has killed more than 231,000 people in the United States remains in the news, sparking chants of “Fire Fauci” from his supporters.
While snapping a selfie with a sealed envelope is perfectly legal, memorializing your marked ballot with a photo can be against the law in some states.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Former White House communications director, Anthony Scaramucci, joined Cheddar to discuss Biden versus Trump in the 2020 election.
More than 9 million ballots have been cast as of Friday in the nation’s second most-populous state, exceeding the 8.9 million cast in 2016,
Each state has different rules on when it's allowed to start counting early ballots. That is going to produce results coming in at very different times — perhaps days or even weeks after Election Day.
Following today's big tech hearing, former Virginia Senator Barbara Comstock, joined Cheddar to discuss the government's role in regulating the industry and why it is bad for business.
The CEOs of Twitter, Facebook and Google have received a hectoring from Republicans at a Senate hearing for alleged anti-conservative bias in the companies’ social media platforms. And
