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 Friday, July 5, 2019.
President Donald Trump’s Fourth of July celebration in Washington, D.C. this year has been heavily criticized, with opponents objecting to what they view as gauche militarism and slamming the White House for politicizing the nation’s birthday.
These are the headlines you Need 2 Know for Wednesday, July 3, 2019.
New Jersey facilitated roughly $319 million in sports bets in May, nearly $2 million more than Nevada, which has long dominated the sector.
The group’s existence comes amid widespread outrage over the treatment of migrants at the southern border, including deaths of multiple people held in custody, the separation of children from their parents, and reports of inhumane conditions at detention centers.
These are the headlines you Need 2 Know for Tuesday, July 2, 2019.
The Senator from California who notably took the former VP to task during the Democratic Primary debates, saw a surge in multiple polls raising her profile for the 2020 presidential election.
Markets surged on Monday following the news of a ceasefire in the enduring trade dispute between the U.S. and China.
New Jersey's minimum wage increased to $10-an-hour on Monday, the first raise in a series of hikes meant to bring the rate to $15 by 2024.
President Donald Trump made history on Sunday, becoming the first sitting U.S. president to visit North Korea. Yet his brief handshake with North Korean leader Chairman Kim Jong-un just across the 38th parallel has been criticised as a media stunt and has drawn the ire of political opponents.
