Solar Tariffs Slapped On Chinese Manufacturers Lead To Challenge And Opportunity At Home

The price of solar panels has fallen 80 percent the past two years and more than 50 percent in the last year alone, according to an article in the Los Angeles Business Journal.

But recently the Chinese, who control about half of the US solar panel market, were hit with tariffs of up to 250% by the US Commerce Department for allegedly dumping their product in the US. The question is what impact this is likely to have on US businesses in the solar panel industry.

Tariffs are, of course, supposed to help level the playing field, and give US businesses an opportunity to compete fairly with foreign goods, when a foreign competitor is competing unfairly.

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