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).
On Thursday, four major progressive groups announced they will team up this month to use their collective force to put more pressure on lawmakers to open formal impeachment proceedings against President Trump.
These are the headlines you Need 2 Know for Thursday, August 1, 2019.
These are the headlines you Need 2 Know for Thursday, August 1, 2019.
Presidential hopefuls sparred over immigration at the Democratic debate in Detroit Wednesday night, arguing specifically over how the next occupant of the White House will improve the system and correct approaches taken by past administrations.
On the Detroit Democratic debate stage, Sen. Kamala Harris, a former prosecutor, found herself grilled on her record regarding cannabis and criminal justice by fellow candidate Rep. Tulsi Gabbard.
Rep. Ryan told Cheddar that he's so focused on making sure American workers are prepared for the future of manufacturing and wants to drive investment in the electric vehicle market.
The Federal Reserve cut interest rates by 0.25 percent on Wednesday, marking the first time the U.S. central bank had lowered rates since the financial collapse in 2008. The decision puts the benchmark rate at a range between 2 and 2.25 percent.
Fox News personality Judge Jeanine Pirro is jumping into the cannabis game. She joined the board of Heavenly Rx, the hemp and CBD company announced on Wednesday.
These are the headlines you Need 2 Know for Wednesday, July 31, 2019.
Candidates like Pete Buttigieg, Tim Ryan, and Amy Klobuchar were very critical of the student loan forgiveness plans put forth by Bernie Sanders and Elizabeth Warren on the Detroit debate stage.
