What Happens If Trump Imposes Solar Tariffs? In a Word: Chaos
According to Axios, President Trump is very likely to impose tariffs on solar imports if the International Trade Commission finds "injury" in the Suniva/SolarWorld Section 201 trade case. "I would place the odds of the president agreeing to some type of remedy at 90%" is not the kind of quote solar manufacturers or investors should want to hear at this point, but it's what one unnamed Trump official told the publication late last week.
For background on the case, I've covered the Section 201 trade case here and here, but until recently, the chances that it would result in the government setting minimum prices on solar component imports and imposing tariffs seemed low. As the case keeps moving forward -- and Trump seems to be hunting for opportunities to implement tariffs -- it now appears that investors should brace for the likely outcome of the president disrupting the entire solar power industry.
Image Source: SunPower.
Source: Fool.com
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