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).
President Donald Trump says he has deemed churches and other houses of worship “essential” and is calling on governors to allow them to reopen this weekend despite the threat of the coronavirus.
Stocks are opening lower on Wall Street following a mixed showing in overseas markets.
Sergeant First Class Christopher Jones talked to Cheddar about how the U.S. Army eSports division, launched out of Fort Knox, Tennessee as a recruitment effort, is thriving amid the coronavirus pandemic.
Stocks are ending lower on Wall Street as tensions flared again between the U.S. and China and as more dismal news came out detailing economic fallout from the coronavirus pandemic.
Stocks were wavering between gains and losses in morning trading on Wall Street Thursday.
The Supreme Court is temporarily preventing the House of Representatives from obtaining secret grand jury testimony from special counsel Robert Mueller’s Russia investigation.
Chris Soukup, CEO of Communication Service for the Deaf discussed with Cheddar the challenges facing the community with a lack of resources and much of the new normal stemming from stay-at-home orders.
U.S. health officials have quietly released more reopening guidance that was created more than a month ago but initially shelved.
Biden campaign senior advisor Symone Sanders told Cheddar on Tuesday,"Vice President Biden said just last week he can't wait to get back out there on the campaign trail, but we're going to do so when it's safe."
Dr. Leana Wen, an emergency physician, explained the potential risks of taking hydroxychloroquine, and how President Trump needs to change his rhetoric for the sake of public health.
