However, the nationalistic Global Times tabloid cautioned that tariff policies worked both ways and said the Chinese government should put in place response strategies to prepare against further such moves by the U.S. against China.
"Anyone expecting a US manufacturing renaissance as a result of these tariffs is set to be disappointed", Bromley said.
The Solar Energy Industries Association, a trade group, estimates that the tariffs will eliminate 23,000 jobs this year and lead to the cancellation of billions of dollars' worth of solar investments. In September, the ITC held that imported solar cells and modules have caused "serious injury" to the domestic manufacturing industry, and the following month the ITC Commissioners issued three different sets of recommendations for remedies, which were then submitted to the President for a decision.
Trump announced yesterday that a 20% tariff will apply to the first 1.2 million large washing machines imported during the first year of the new protectionist scheme.
The move also is apparently the first in a series of upcoming tariffs that could hit steel, aluminum and other products from China, actions that risk setting off a trade war. According to Global Times CCEER director Lin Boqiang, on the other hand, said the tariffs are not likely to have a great impact on the Chinese industry as the biggest driver for the same is domestic demand and not the U.S. market.
Said Hochschild: "Virtually every solar company will be impacted by this".
"My administration is committed to defending American companies, and they've been very badly hurt from harmful import surges that threaten the livelihood of their workers", Trump said as he signed the tariff.
China and South Korea have reacted angrily to the news.
"To think of solar as a manufacturing business in the U.S.is misguided", Kadish says".
U.S. Sen. Martin Heinrich, D-N.M., has been one of the most vocal opponents of the tariff. "New Mexico workers are employed in local companies that manufacture equipment, install residential rooftop solar and build utility-scale solar installations".
"Here in L.A. alone we have 16,000 solar jobs, it's the most of any county in America".
The tariffs follow investigations by the U.S. International Trade Commission and the U.S. Office of the Trade Representative into complaints that the Chinese government was supporting production of solar cells that were flooding the U.S.at below-market prices. He has about 8 employees, and since 2007 has been serving most of the North State.
We also note that the real impact of the Solar Tariff may be blunted by steps already taken by developers, contractors and investors in the second half of 2017. Another spokesperson for the solar company said the price rise will result in a delay in USA projects. Plans for more projects are in the works.
"There just aren't enough solar panels produced in the United States to supply our need". Mimi Stewart, D-Albuquerque, has filed legislation this session, Senate Bill 79, to restore the credit for 10 percent of the total cost of materials and installation with a $9,000 cap.