Tariff to pinch US solar growth; Factory surge Unlikely
Opening the Floodgates?
Trump’s decision drew fire from members of Congress in both parties and from conservative free-market groups, including the Heritage Foundation, the R Street Institute and the American Legislative Exchange Council. “There’s a real chance that this opens the floodgates” to other industries petitioning the ITC, Chad Bown, a trade expert at the Peterson Institute, told The Washington Post. Clark Packard, trade policy counsel at R Street, said he feared the increase in prices will lead to calls for more domestic subsidies for solar.