The U.S. solar manufacturing industry can play an important role in the 21st century economy. But that requires a smart, coherent trade and industrial strategy to counter China.
It’s time for us to stop treating China as a friend and recognize China as the enemy to our national sovereignty that it is.
The free trade consensus of economists, politicians, and financial pundits operating in polite society is fracturing.
After a generation of making cars with Western automakers, China has evolved into an electric vehicle (EV) force to be reckoned with.
New industry letter asks President Biden to end negotiations and take action to impose quotas or tariffs to enforce Mexico steel deal.
The renewal of the Generalized System of Preferences (GSP) is stuck in limbo in the Senate Finance Committee for now as leading Democrats don’t want to pass it without Trade Adjustment Assistance (TAA).
So what is comparative advantage? Comparative advantage occurs when the ratio of costs in one country differs from the ratio of costs in another.
If Trina does not get into the FTZ in Texas, they may cancel their September 2023 planned investment. Trina is building a factory in Mexico and can eventually ship solar here duty-free under the USMCA. At least, however, we would not be subsidizing them via the IRA.
The Chinese-dominated solar industry has come under increased pressure lately, with tariffs raised on May 14, a two-year moratorium on dumping duties ending on Thursday, and the U.S. International Trade Commission voting 4-0 to initiate a new solar trade case on Friday.
The evidence put forward by U.S. solar manufacturers documenting predatory Chinese trade tactics is clear, and CPA is pleased that the Department of Commerce has chosen to initiate an investigation.
