“President Trump’s decision to impose sweeping tariffs on imports of solar panels and components is the opening salvo of his America First campaign to protect domestic manufacturers from Chinese competition. The stakes are high: Solar is the world’s fastest-growing energy industry, attracting over $160 billion in investment in 2017.
Yet these tariffs will do little to make American manufacturers competitive with dominant Chinese ones. Instead, they might actually discourage domestic investments in innovation, crucial to an American solar manufacturing revival. On top of this, the tariffs will cause collateral damage by slowing down the installation of solar panels in the United States, destroying more jobs than they create, and provoking trade disputes and retaliation.”