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).
Police said they knocked and announced themselves for a minute or more before bursting into Breonna Taylor’s apartment, but her boyfriend said he did not hear officers identify themselves, according to Kentucky grand jury recordings released Friday.
White House chief economist Joe LaVorgna joined Cheddar to discuss the economy's current standing.
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.
The Democratic presidential nominee and his wife were tested earlier in the day after news of President Donald Trump's infection.
Actress Dasha Polanco joined Cheddar to discuss a voting initiative and partnership with Knorr.
Georgia Senate candidate, Matt Lieberman, joined Cheddar to discuss the mounting calls from fellow Democrats to drop out of the race and his commitment to advancing to a potential Senate runoff.
The White House is backing a $400 per week pandemic jobless benefit and is dangling the possibility of a COVID-19 relief bill with a price tag above $1.5 trillion in last-ditch, pre-election negotiations.
One topic the 2020 presidential candidates were able to cover in the first debate was manufacturing. Wisconsin Rep. Mike Gallagher joined Cheddar to discuss whether the statements were true for his state.
A Kentucky judge has delayed until Friday the release of secret grand jury proceedings in Breonna Taylor’s killing by police.
Sen. Bob Menendez (D-N.J.) joined Cheddar to discuss the first Presidential debate between President Trump and Joe Biden. Menendez called the event a disgrace largely in part because of the president's incessant attacks on Biden during his responses.
