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Economics Discuss Chinese Firm Announces U.S. Solar Plant, a Week After Trump Tariffs at the Political Forums; Remember all the cries and moans about Trump's trade policies and how impossible it was to keep his promise to ...

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Old 01-31-2018, 02:08 PM
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Default Chinese Firm Announces U.S. Solar Plant, a Week After Trump Tariffs

Remember all the cries and moans about Trump's trade policies and how impossible it was to keep his promise to bring back jobs to the US? Funniest thing.

Quote:
A Chinese solar manufacturer said Monday that it plans to open a plant in the U.S., a week after President Donald Trump imposed tariffs on imported solar panels.

JinkoSolar JKS -1.23% Holding Co. said Monday that its board has authorized the company “to finalize planning for the construction of an advanced solar manufacturing facility in the U.S.”

The company tucked news of its U.S. manufacturing plans into an announcement about an agreement to supply an unnamed U.S. customer with 1.75 gigawatts of solar panels over about three years.

It appeared to tie the proposed facility to Mr. Trump’s recent tariff decision, which would tax imported solar panels and cells at 30% in the first year. The tariff would decline to 15% in the fourth and final year.
Obama told us this job loss to overseas competitors was inevitable and that multination trade agreements ruled by hostile and impotent foreign bureaucrats were our only hope. Yet one tariff imposed by the Trump administration exposed the claim as untrue. Of course Obama has zero expertise in trade or business so it is not surprising he turned out to be wrong. What is the excuse for contemporary Democrats?

https://www.wsj.com/articles/chinese...ffs-1517265369
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Old 01-31-2018, 02:33 PM
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Default Re: Chinese Firm Announces U.S. Solar Plant, a Week After Trump Tariffs

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Originally Posted by AZRWinger View Post
Remember all the cries and moans about Trump's trade policies and how impossible it was to keep his promise to bring back jobs to the US? Funniest thing.

Obama told us this job loss to overseas competitors was inevitable and that multination trade agreements ruled by hostile and impotent foreign bureaucrats were our only hope. Yet one tariff imposed by the Trump administration exposed the claim as untrue. Of course Obama has zero expertise in trade or business so it is not surprising he turned out to be wrong. What is the excuse for contemporary Democrats?

https://www.wsj.com/articles/chinese...ffs-1517265369
Anything that brings jobs back to the US, is a good thing IMO. I like it even better that it's a solar plant....
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Old 01-31-2018, 08:45 PM
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Default Re: Chinese Firm Announces U.S. Solar Plant, a Week After Trump Tariffs

Some guy in Zhejiang is sitting on the dock of the bay (Otis Redding pun) watching China load containers labeled "Offshore Jobs to the USA" on to ships.
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Old 01-31-2018, 09:36 PM
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Default Re: Chinese Firm Announces U.S. Solar Plant, a Week After Trump Tariffs

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Some guy in Zhejiang is sitting on the dock of the bay (Otis Redding pun) watching China load containers labeled "Offshore Jobs to the USA" on to ships.


Ya it is kind of nice to boot..
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