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).
Here are the headlines you Need 2 Know for Friday, January 17, 2020.
A Capitol Hill hearing on cannabis legislation Wednesday underscored the regulatory straitjacket that restricts research and scheduling of cannabis in the United States.
In the aftermath of earthquakes, one of the U.S. territory’s top architects is making the case for short-term assistance combined with long-term vision.
When President Bill Clinton was impeached more than 20 years ago, the Senate leaders who controlled his fate say they sought to appear neutral and separate from the White House and wanted to make the trial a bipartisan process. At least that’s how Trent Lott and Tom Daschle remember it today.
House Speaker Nancy Pelosi called Facebook’s behavior “shameful” during her weekly press conference Thursday.
The federal government's watchdog agency said Thursday a White House office violated federal law in withholding security assistance to Ukraine.
These are the headlines you Need 2 Know for Thursday, January 16, 2020.
The House delivered the articles of impeachment against President Donald Trump to the Senate Wednesday hours after Speaker Nancy Pelosi named seven managers to handle prosecute the trial.
“[Trump] would win right now because the Democrats have not succeeded in making this election a referendum on Trump,” longtime Republican and political strategist Rick Wilson told Cheddar on the eve of another sort of referendum — the president’s impeachment trial.
President Trump signed a so-called "phase one" trade deal with China on Wednesday, signaling a détente in a protracted trade war that resulted in hundreds of billions of dollars of tariffs being exchanged on exports between the world's two largest economies over the better part of two years.
