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).
Zak Dychtwald, author of "Young China: How the Restless Generation Will Change Their Country and the World," discusses how his time in China after graduation inspired him to write a book about China's younger generation.
Bill and Melinda Gates weigh in on the Trump administration in their annual letter. Under Armour saw a 47% surge in international sales last quarter.
Cybersecurity has been a hot topic in America over the past year. With more and more hacks going public, what role does the government play in creating regulation? Megan Stifel, Senior Fellow at Atlantic Council and former Cybersecurity Policy Adviser at the White House National Security Council joins Cheddar to discuss the relationship between Washington DC and cybersecurity.
One of the biggest global consumers goods companies, Unilever, is threatening to stop advertising on digital platforms like Facebook and Google if the companies don't clean up their acts. Snap's Vice President of sales has left the company. A new report finds Facebook is losing a younger audience. Dow closed up 400 points after the most volatile week in two years.
Cheddar's "The Crypto Craze" covers the latest trends, and news in the space. the cryptocurrency is floating around the $8,000 mark after a dip on Tuesday. The price has been slowly climbing again. The same pattern has been seen in other major cryptocurrencies like Ethereum and Ripple.The price of cryptocurrencies have been mostly stable is the last couple days, a big contrast to the Dow's major moves and volatile swings. Cheddar's Brad Smith and Hope King break down the factors driving this stability and the state of regulation in this space.
Kayla Webley Adler, senior features editor at Marie Claire, and Eric Sullivan, senior editor at Esquire, discuss their joint project, "Sex, Lies, and Videotape." They asked writers, celebrities, and thought leaders tough questions about the complexities of the "post-weinstein" era.
It's been a wild week for the stock markets. The Dow plunged below 1,000 points for the second time ever on Thursday. Amazon is taking on UPS and FedEx, announcing a new delivery service geared towards businesses. Congress agreed on a spending bill after a brief government shutdown overnight. Snapchat is starting to show signs of recovery after a disappointing few quarters. Cheddar senior reporter Alex Heath sits down with Billy Gallagher, author of the new book "How to Turn Down a Billion Dollars: The Snapchat Story," to see what lies ahead for the company.
Haley Byrd, congressional reporter at The Weekly Standard, and Katherine Mangu-Ward, Editor-in-Chief at Reason Magazine, discuss the 2nd government shutdown of 2018. The government closed for just over five hours before the House passed a two-year spending bill that was later signed by the president.
Cheddar is dedicating the day to celebrating women, and we're calling it "Chedher"! We have special co-hosts and interviews from women in sports, tech, business, politics and more.
Hope King welcomes special co-hosts Alicia Quarles and Tanzina Vega.
Between Bells: Cheddar turns into #chedHER, with 100% women anchors and guests. We highlight women in business, tech, entertainment, politics, and sports. With Cosmopolitan, EMILY's List, Lea DeLaria, MoveOn.org, THINX, and more!
