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).
New York Gov. Andrew Cuomo said Thursday that a state survey of about 3,000 people found that 13.9% had antibodies suggesting they had been exposed to the virus.
Hart Island is a mile-long patch of land in the Long Island Sound off the coast of the Bronx, which normally slips under the radar for most New Yorkers. In recent weeks, the unassuming island made headlines after drones captured aerial images of workers loading simple caskets three-deep into trenches wide enough to fit over 100 bodies.
Congressman Barry Loudermilk (R-Ga. 11th District) supports the Georgia Gov. Brian Kemp's plan and says the state is prepared to deal with a possible resurgence.
Stocks are pushing higher Thursday, even though the government said 4.4 million more workers filed for unemployment benefits last week.
The oldest brother of Sen. Elizabeth Warren, Donald Reed Herring, has died from the coronavirus. The former Democratic presidential candidate said Thursday that her brother died Tuesday evening.
More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday.
Stocks opened slightly higher Thursday, even after the government said 4.4 million more workers filed for unemployment benefits last week as layoffs sweep the economy.
For weeks, the Trump administration played up the dangers of the coronavirus as it sought to convince Americans to disrupt their lives and stay home. Now, as President Donald Trump aims for a swift nationwide reopening, he faces a new challenge: Convincing people it’s safe to come out and resume their normal lives.
A new survey finds Americans remain overwhelmingly in favor of stay-at-home orders and other efforts to slow the spread of the coronavirus. A majority say it won’t be safe to lift such restrictions anytime soon. T
Stocks are closing higher on Wall Street after two days of losses, and the price of oil burst higher a day after a historic plunge.
