Two years ago, Donald Trump imposed tariffs on the importation of solar panels even with the incessant protests from aggrieved industry stakeholders. What followed after this move was the loss of jobs for people working in this sector and degraded performance of the renewable energy sector. Currently, the solar industry is requesting Joe Biden to end the uncouth tariffs that have slumped the performance of the companies in the industry to create new jobs for the Americans.
The Solar Energy Industries Association which represents the demands of over 1000 companies stated its hopes over the reversal of the Trump provocations for this industry after he introduced hefty tariffs. The executives of the White House have the power to end the exploitative import fees imposed by Donald Trump. However, the former president’s efforts to revert his mistake through court procedures yielded no results, probably warranting his ejection from office by the public.
SEIA’s chief executive, Abigail Ross Hopper, explained that reverting a granted tariffs and removing a tariff are two unrelated procedures that have pronounced effects on each other if pursued. Abigail reiterated that they want the tariffs removed although it was not part of Joe Biden’s promises in his campaign. She stated that this move would demonstrate his goodwill for the progress of the industry in a proper direction.
The tariffs imposed by Donald Trump opened a channel for USA’s woes with China over trade operations. On the bright side, Trump was attempting to promote the minor US solar manufacturing industry an opportunity to rival the Asian bigwigs who experience low production costs and unparalleled government funding and legal protection. Nevertheless, the sector that the president intended to help was of the contrary opinion advising him to resist the apparent competition and struggle for international market leadership. The White House followed the advice of two Chinese solar companies that were doing away with competition from their parent country companies.
The tariffs made close to half of the industry close down and channel their investments in other projects. On the job problem, the tariffs shut out over 60000 jobs and stripped the industry of $19 billion in investment as reported by the Solar Energy Industries Association (SEIA).
Hopper stated that they have held discussions with the Biden administration, especially the team dedicated to this industry concerning the importance of removing tariffs imposed on the solar resource imports. Although the White House might be capable of dealing with this problem, the other factors in the industry require consideration by Congress. In conclusion, the solar industry is certain that it can acquire the resources to bolster its efficient operation from foreigners. This ideology would help the local manufacturers expound on the technology they will use to meet the needs of the market.https://bisouv.com/