This brilliant move may create a few new manufacturing jobs at the expense of 000’s of installation jobs.
Trump is on the march again today demanding that everyone pay more for solar panels.
Here’s the official announcement: Final Affirmative Determinations in the Antidumping and Countervailing Duty Investigations of Crystalline Photovoltaic Cells Whether or Not Assembled into Modules from Cambodia, Malaysia, Thailand, and the Socialist Republic of Vietnam
The petitioner is The American Alliance for Solar Manufacturing Trade Committee, the members of which are First Solar, Inc. (Tempe, AZ), Hanwha Q CELLS USA, Inc. (Dalton, GA), and Mission Solar Energy LLC (San Antonio, TX).
This will create a few more manufacturing jobs [maybe] at the expense of thousands of solar panel installation jobs.
Since Trump views service jobs as meaningless, this is called a win.
First Solar
First Solar FSLR rose 7 percent in premarket trading. It’s now down 3.63 percent.
Ahead of the news, FSLR soared 17.4 percent yesterday before the tariff announcement.
Who made money on the obvious leak?
Sunnova Energy
Sunnova Energy NOVA soared a massive 58 percent yesterday, ahead of the news, all the way to $0.24. It’s now at $0.23.
Well Done Mr. President!
Will either of these companies survive?
If not, then perhaps we will create 0 manufacturing jobs but lose thousands of installation jobs.
Nonetheless, the idea is certain to bring manufacturing jobs back home.
Other Wins
In other wins for the administration, China Halts US Liquid Natural Gas Imports, Turns to Russia Instead
The US is building expensive terminals to export LNG. Now what?
Since service jobs don’t matter, please ignore my April 21, post The Number of Europeans Visiting the US Is Down Over 20 Percent
Trump does not seem concerned about services. He should be.
On April 18, I noted Ford Halts Shipments of F-150s and Other Models to China, Winning?
A rabid Trump fan said that doesn’t matter because Ford only shipped about 5,500 Broncos, F-150s, Mustangs and Navigators to China.
That’s down from 20,000 vehicle exports to China on average over the past decade.
We will soon return to greatness when all parts are made in the US and the cost goes up by $8,000 or more per vehicle.
I am excited because these big behemoths will be perfect for small European and Japanese roads. Exports are sure to soar!
Some of you might think what I am saying makes no sense at all. Tut tut I say.
News Flash: Trump Says “Car Companies Will Be Thrilled With Tariffs”
On March 26, I noted News Flash: Trump Says “Car Companies Will Be Thrilled With Tariffs”
The word of the hour is “thrilled” by 25 percent tariffs on autos starting April 2.
Paying more and getting less while killing service jobs is sure to Make American Manufacturing Great Again.
In addition to the tariffs, let’s carpet bomb Cambodia for old time’s sake.
By my calculation, the tariff should be 2,933.47%. That shows a nice balance between the number of US jobs being created and lost. My calculation shows a net gain of 1.877 jobs. Those numbers are rounded off so your calculation may differ. Further, I took into account how much work was needed to come up with those numbers, but I have not attempted to work out the compliance labor – but that’s service work so doesn’t count anyway. MAGA!
Since Trump can’t bully China, Trump has decided to start picking on the little guys out there. Expect to see more announcements like this where small countries get bullied to make news headlines. Gotta feed the MAGA cult some bits of red meat before they turn on him. Rabid dogs are only happy when they’re snapping at something.
So how are these things remediated and disposed after a hailstorm? Heavy metals and that pfas crap coating.
Probably just like the heavy-metal sludge produced from burning coal. It just gets buried in a separate hole.
What’s your point?
Why use a separate hole, just use the same one.
That is my point. There is no Immaculate Conception for ‘green’ energy.
Nobody ever said there was.
It’s becoming increasingly clear that Trump is using a tariff random number generator to conduct US trade policy. That’s pretty embarrassing for a so-called “advanced economy.” Even banana republics have much better policy making processes.
To be remembered as the Kissinger Tariff.
Isn’t this just China circumventing existing tariffs by shipping/manufacturing from/in another country?
but good for Africa https://www.semafor.com/article/04/21/2025/how-trumps-trade-war-could-bolster-the-africa-china-relationship
You really should let anything Trump spews out of his mouth age 7-10 days before commenting on it, as it is likely to be radically changed during this timeframe.
Except if we follow that through the logical outcome, in 10 days the policy will have changed 10 times for each previous day requiring a new 10 day window leading to an endless recursion of changes.
In many ways, “it’s tariff turtles all the way down and inflation all the way up!”
Indeed. But we might have lower blood pressure. I know it would be difficult, but I’m sick of TRUMP, TRUMP, TRUMP everywhere I turn these days. If it weren’t for events like the Pope dying, we wouldn’t get a damn break!
Trump, Trump, Trump every day is his purpose.
Just like the bully he is to place large tariffs on incidental items on small countries that will have limited, if any, economic impact.
Declaring an effective embargo by installing astronomical tariff rates only makes you look foolish and insincere. Not an ideal business partner.
That’s awesome!
A ten percent tariff is a standard tariff. Twenty-five and above is all about deal-making. Let The Trump madman cook a bit and see what comes of it. There’s no doubt the US is getting screwed by other countries. What would really help is stopping the IRS from taxing foreign business by US companies. American companies are not getting foreign bids because we are the only country that taxes foreign revenue. This means a US bid on foreign projects is underwater by 35% right from the start.
Additionally, a drop in corporate tax rates goes a long way, and many companies will return to America. Companies left not because they could save labor costs. It was all tax and regulations related.
When tax rates went down, investment in factories, machinery and other capital was no longer necessary to offset gross income to lower taxable income. Raising taxes and giving tax deductions for capital expenditures is what made America Great the first time.
Can’t tax high income if most are channeling it through other mechanisms. CEOs with $1 salaries are not uncommon. But remember what the other side was preparing: to tax unrealized capital gains (an investment disaster). I’m sure Bernie and AOC are salivating at the idea… it’s easy to sell to the public for votes, and then blame invisible demons for the disaster that follows.
Technology allows governments to provide services at a fraction of past costs –> all taxed must come down.
I’ll bet Trump is thinking that by going with 3,400% for Cambodia he can act like he’s doing China a favor by cutting their tariffs to 50% or something.
Nothing seems to make sense. Last week I read he halted the already under construction Empire-1 wind farm off of long island. A $5 billion project to supply 500,000 homes. At $10k per home with a lifespan of 25+ years, that sounds like a good deal. Seems to me that is competitive with any fuel.
A case of cutting of the nose to spite the face.
25 years? What happens to the old blades?
Why American tech stocks are newly vulnerableRecent market turbulence has exposed uncomfortable weaknesseshttps://archive.ph/YuPco
Karoline Leavitt now says there will be “no unilateral reduction in tariffs against China,” reversing course after Trump admitted the tariffs were too high and reports surfaced they would be lowered.
Whichever path they choose, one of the two of them will be quoted for their accuracy, honesty, and transparency, and there are so many idiots in the USA that this approach actually works!
only the bigliest numbers
they need to get the story straight
tax credits promoted the use of US panels (and had success)
house GOP wants to eliminate tax credit
put giant tariff on other producers
so, in the end, solar costs go up
Whomever lifted Noem’s handbag with their Covid mask on.
No more cheap solar panels.
That’s his goal. He hates non-fossil based energy
PapaDave were you in on this fabulous energy leak play?
It’s a big club, and he’s not in it.
-George Carlin
Nope. And rando is correct. I am not in a position to get inside info from the Trump camp.
Also, I have been very busy recently. I haven’t even had time to trade stocks this week.
I assumed you believed that I was joking
Buying options straddles 30 days out is a sure winner given the volatility.
Could there be a grand plan somewhere in hiding?
I am not much of a conspiracist, but there appears to be market manipulation going on. But I am sure this will be investigated and the guilty will be charged – lol.
Just a Family & Fox & Friends profit sharing plan…
nothing to see here…
be cool.
Those people are too stupid profit from inside info.
Don’t underestimate the vast power of stupidity
Sentient, I find your lack of faith disturbing.
Yeah – create economic distress – cause a war – invoke martial law – cease elections.