Interest in solar energy is growing as there are more national and corporate commitments to reducing the use of fossil fuels, and domestic cell and module manufacturers want to grow their industrial base to help meet demand. Meanwhile, those representing the interests of firms engaged in downstream activities, such as panel assembly and installation, say they want more manufacturing growth, too, but they say the tariffs would hurt their businesses.
But the petition drew opposition from some trade groups, lawmakers, and multinational manufacturers, who made a mix of arguments against it, including that the petition lacked a factual basis and that it threatens to upend solar jobs and the Biden administration's green energy goals. SEIA also argued that the mere filing of the petition would be disruptive to outstanding projects and that since Commerce took it up, it would worsen the outlook for an industry that is already managing higher shipping and product costs due to inflation.
Opponents of tariffs, including the Section 201 tariffs that former President Donald Trump imposed and President Joe Biden just renewed, have also argued they have failed to grow the solar manufacturing base in the United States.
Tariffs should be illegal.
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Source: CNBC - 🏆 12. / 72 Read more »