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Can 3,500 Percent Tariffs Protect the U.S. Solar Industry? The U.S. imposed sky-high tariffs on solar imports from four countries; unclear if they will be enough to fight back Chinese competitors (messaging-custom-newsletters.nytimes.com)

submitted 3 months ago by silence7@slrpnk.net to c/energy@slrpnk.net

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Title and subtitle come from the article version of this newsletter which is otherwise identical. Linking the newsletter version because it has no paywall.

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[–] InEnduringGrowStrong@sh.itjust.works 7 points 3 months ago* (last edited 3 months ago)

The goal is to crash the market, buy stocks in solar for dirt cheap then reverse tariffs, rinse and repeat.

[–] floofloof@lemmy.ca 5 points 3 months ago* (last edited 3 months ago)

The US Government is not trying to protect the US solar industry. It is trying to destroy it for the benefit of fossil fuel companies, and keeping people from buying cheap Chinese solar panels is just to close a potential loophole in that plan.

[–] BigMacHole@lemm.ee 2 points 3 months ago

Hm! MAYBE if we ALSO Destroy our Domestic Manufacturing it will!