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).
These are the headlines you Need 2 Know for Monday, February 10, 2020.
Three days before the critical New Hampshire Primary, seven Democratic presidential candidates debated, with many of them fighting to survive in the race to challenge President Donald Trump.
David Pressman, an attorney for Lt. Col. Alexander Vindman, accused Trump of exacting revenge and said Vindman was asked to leave for “telling the truth.”
Cybereason's Chief Information Security Officer Israel Barak discussed with Cheddar about preparing for beyond the standard fears of hacking votes.
As the Department of Homeland Security revokes the option of enrolling in travel-expediting programs like Global Entry, some lawmakers looked at the move as retaliation against New York for
The U.S. economy added 225,000 jobs in January, while unemployment ticked up to 3.6 percent, according to a report released today from the U.S. Bureau of Labor Statistics.
In his first public remarks after being acquitted by the Senate, the president took a victory lap, praising individual Republican lawmakers, applauding his defense team, and defending his conduct from the East Room of the White House
Many teens have already moved on to disposable vapes, which are exempt from the federal ban in a major loophole.
These are the headlines you Need 2 Know for Thursday, February 6, 2020.
Following the impeachment and acquittal of President Donald Trump after a bitter partisan battle, Americans now face a new reality that involves serious questions about the ability of the federal government to respect longheld balances of power.
