After a more than year-long investigation, federal officials have concluded that five Chinese solar panel companies have been skirting US tariff laws by routing their operations through four other Southeast Asian countries.
After a more than year-long investigation, federal officials have concluded that five Chinese solar panel companies have been skirting US tariff laws by routing their operations through four other Southeast Asian countries.
Good. Tariffs are stupid. They’re a tax on the people and only serve to slow adoption of green energy technologies.
US is trying to move it’s manufacturing to Mexico for geopolitical reasons in the short- to medium- term and economic reasons in the long-term. Tarrifs makes things from China more expensive, so investors/developers will be more likely to find other places that make them more money, like places that dont have tarrifs and are near by.