Installers Are the Big Losers If Trump Imposes Solar Tariffs
The International Trade Commission found "injury" against Suniva and SolarWorld on Friday, September 22, 2017, and that could mean tariffs or other protections are coming to imported solar modules. Ultimately, it's up to President Trump whether or not there will be protections, and given his rhetoric on the topic, I think it's safe to say the likelihood of some hammer coming down on solar imports is high.
While the impact on solar manufacturers depends on rules and where they manufacture, the impact on solar installers is much easier to predict. Costs are going up -- potentially a lot -- and a lot of solar projects will no longer make sense for installers or their customers.
Image source: Getty Images.
Source: Fool.com
Tesla Inc Stock
€163.32
1.470%
Our community is currently high on Tesla Inc with 56 Buy predictions and 27 Sell predictions.
With a target price of 248 € there is a hugely positive potential of 51.85% for Tesla Inc compared to the current price of 163.32 €.
