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).
After months of damaging headlines and privacy mishaps, Facebook may be down, but it's not out ー especially not in the case of the U.S. midterms, according to the company's director of outreach. Katie Harbath, global politics and government outreach director at Facebook spoke with Cheddar's Hope King about fighting fake news from the company's "war room" in an exclusive interview.
Eugene Scott, political reporter for The Washington Post, and Michael Harriot, columnist for The Root, weigh in on Georgia's close race for governor between Brian Kemp (R) and Stacey Abrams (D).
These are the headlines you Need 2 Know.
A record number of women are on the ballot next week, but many have struggled to finance their campaigns. Sarah Chamberlain, president and CEO of Republican Main Street Partnership, explains the funding gap that follows women on the campaign trail.
Axios is taking a different approach to success than many of its traditional media rivals. In a click-bait media universe, the digital media start-up is prioritizing engagement over page views. "We need engaged users, not just users," co-founder Roy Schwartz told Cheddar.
On Tuesday, Missouri could become the 32nd state in the U.S. to legalize medical marijuana. Cannabis legalization has garnered more public support in recent years, and medical pot is often thought to be the gateway to fuller legalization. While the Missouri medical community is split on the drug's medicinal value, much of the student body at the University of Missouri has a pro-legalization stance.
These are the headlines you Need 2 Know.
Debbie Mucarsel-Powell, the Democratic candidate running in Florida's 26th district, is slamming ads attacking her, including one that shows a man pointing a gun. Mucarsel-Powell lost her father to gun violence.
The markets looked to recover losses for October in the last day of trading for the month. Facebook shares were making solid gains on the heels of its third-quarter earnings results. Revenue slowed but the company beat estimates on earnings per share. Plus, Debbie Mucarsel-Powell, an Ecuadorian immigrant running to represent Florida's 26th district, tells Cheddar the changes she would make if elected to office. The midterms are just six days out.
October's reputation as a volatile month for stocks will remain unbroken ー at least for now. The S&P 500 will close its worst October since the financial crisis a decade ago and its worst month in eight years. The gains in equities from a summer rally have been wiped out across just about every slice of the market.
