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).
Megyn Kelly's exit negotiations with NBC were underway on Friday, as the network announced that the third hour of valuable morning show real estate she anchored is canceled. "Essentially and effectively she is out," Tony Maglio, TV editor at TheWrap, said Friday in an interview with Cheddar. "It's just a matter of all the legalese and what she'll walk away with."
The multi-year Women in the Workplace report, produced by Sheryl Sandberg's Lean In organization with McKinsey & Company, reveals a stubborn problem of gender diversity in corporate America. As Rachel Thomas, the president of Lean In, explained to ChedHER on Friday, that companies are clearly interested in closing the gender gap ー but they haven't done enough to make it happen yet.
Federal authorities have arrested Cesar Sayoc, Jr. in connection with a dozen packages containing likely explosives. Sayoc has a Florida address and has a criminal record, according to the Broward County Sheriff.
Two additional suspicious packages sent to prominent Democrats were intercepted earlier Friday, only hours before the manhunt appeared to close in on a suspect for the attempted mail bombings now being described as a domestic terrorism.
These are the headlines you Need 2 Know.
Megyn Kelly is not a morning person ー at least, not anymore. Reports on Thursday morning indicated that the anchor's days as an NBC host are numbered, following her controversial on-air comments earlier this week that defended wearing blackface on Halloween.
China is responding to a revelatory report in The New York Times ー that said Chinese spies are allegedly eavesdropping on President Donald Trump during calls he makes on an unsecured iPhone ー by suggesting that the president use the device of a Chinese competitor instead.
Two more suspicious devices were intercepted on Thursday ー one in Delaware en route to former VP Joe Biden and the other at the restaurant and office of actor Robert De Niro in Lower Manhattan ー the eighth and ninth to be sent to high-profile critics of President Trump in a period of three days.
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Investors overseas are losing their appetite for U.S. debt. Foreign buyers now hold 41 percent of outstanding Treasury debt, marking their lowest share in 15 years. If the trend continues, the U.S. dollar may weaken and interest rates might climb. While it may be easy to blame the trade war for the drop, Daniel Kruger, a reporter for The Wall Street Journal, said a stronger dollar is the culprit.
An apparent attempted mail bombing of several prominent Democrats and members of the news media used techniques that have grown more common among terrorists in recent years, said Jarrod Bernstein, a former counter-terrorism official in the Obama administration.
