Climate Changed
First Solar to Profit If Trump Slaps Tariffs on Panel Imports
- ITC begins hearing Tuesday on Suniva’s petition for tariffs
- Developers stockpiling panels ahead of September decision
Former Amb. Locke Says Tariffs on China Would Hurt U.S.
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First Solar Inc. is standing on the sidelines of a trade dispute that could give its products a significant leg up.
The U.S. International Trade Commission has scheduled a hearing Tuesday on a request by Suniva Inc. for the U.S. to impose tariffs on imported solar panels. The petition alleges China, which accounts for more than 80 percent of global solar panel production, gives manufacturers unfair government support The commission is expected to make a decision next month, and a finding of harm could lead President Trump to impose duties as early as November.