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US trade expert supports levying tax on solar panel, which can protect the long-term interest of the State

US trade expert supports levying tax on solar panel, which can protect the long-term interest of the State

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The United States issued its first trade “penalty ticket” this year, one of which was the announcement of a tariff of up to 30% on imported solar panels. According to the Trump administration, this can protect the domestic solar panel manufacturers from the impact of international competitors, but the US solar installation industry protests this policy will harm its interests. A U.S. trade expert pointed out that in the long run, the Trump administration could benefit the U.S. green energy industry.
  Solar sellers and installers in the United States oppose the government's imposition of tariffs on imported solar panels primarily because it will allow consumers to bear higher prices, which will slow sales and lead to the loss of sales and installation-related jobs.
According to the “Wall Street Journal” reported on the 23rd, industry leaders in the solar industry complained that the tariffs imposed by the Trump administration will slow the development and employment creation of the US solar installation industry, while the solar installation industry will provide more employment than solar energy. The panel manufacturing industry, which is a very small industry in the United States.
American Solar Energy Industries Association (Solar Energy Industries Association) predicted that the US trade protectionist measures will lead to the loss of this year out of 23 000 jobs and result in billions of dollars in investment postponed or canceled.
According to data from the GTM Research (GTM Research), a market research firm in the renewable energy industry, in 2017, domestically produced solar panels accounted for approximately 10% of installed solar installations. In 2016, solar panels purchased in the United States contained Nearly 90% are imported products. According to Bloomberg data, over 80% of solar installations in the United States rely on imported solar panels, 36% of which are from Malaysia, 21% from South Korea, 9% from Thailand, 9% from Vietnam, 8% from China, and the remaining 17%. From other regions.
However, the U.S. Business Council’s U.S. trade deficit expert Alan Tonelson wrote on the 23rd that the tariff imposed on imported solar panels is a “win-win” for the United States, which will not only help the U.S. to recover from the green energy revolution. The greatest economic benefits will also prevent foreign imports that are subsidized by the local government from distorting the US free market.
Tonelson said that companies that install solar systems for homes and businesses do strongly object to the collection of tariffs. However, these companies will call themselves the key sectors of the “American Solar Energy Industry” and describe the US solar industry as a comment on tariff issues. Differing and misleading.
He said no one would confuse satellite TV installers with the "US communications industry". The term "communications industry" belongs to the world's leading information technology, and no one will confuse taxi companies with the "American automotive industry." The term "automotive industry" should belong to capital-intensive companies that produce automobiles and auto parts. Similarly, the core component of the “solar industry” in the United States is a highly innovative US green energy product manufacturer. Trump's tariff policy is to protect the green energy production company, the most critical sector of the US solar industry. Tariff policies can strengthen these companies' competition with offshore subsidies that use government subsidies and keep prices low.
"Solar installers naturally don't care where their solar panels come from. The lower their input, the more profitable the other conditions are, and the lower the fee charged to solar consumers." He said.
Tonelson said that cheap imported solar panels helped accelerate the use of solar energy as an alternative energy source, but allowing long-term national costs for foreign products to penetrate the entire US green energy production sector to the United States is much greater.
He believes that, first of all, US green energy production such as solar panels should be given priority because, like ordinary industrial companies, the productivity growth of the solar industry sector manufacturers far exceeds the service sector such as solar installation.
Secondly, like most US manufacturing as solar manufacturers to seek tariff protection is the main outstanding innovation, for example, local manufacturers Solar World has more than 50 patents, and Suniva owns more than 150 patents.
In addition, allowing foreign producers to sell large quantities of solar panels to the United States would send false signals to other product manufacturers subsidized by foreign governments—the US government is open to foreign government subsidies.