If America was to have a trade war with China, would we still have access to solar panels? The answer is yes, but probably not at first. Solar energy trade practices in China definitely affect the United States.
If America was to have a trade war with China, would we still have access to solar panels? The answer is yes, but probably not at first. Solar energy trade practices in China definitely affect the United States. Dumping products into the United States to avoid trade tariffs is the common performance China plays. They are trying to get around a thirty percent trade tariff on items manufactured in China, but they reroute them to Taiwan and back to China then to America.
Solar energy cells, panels, and frames come from many countries. The demand for these supposedly earth friendly products has recently sharply risen due to bank solar loans and rebates from the American government. The residential homeowner, marketed too heavily, is offered leasing and loan deals on the solar energy equipment.
It is a global issue, solar energy, and for China, it seems to be short cut after short cut to provide a quick and cheap product without abiding by tariff laws. The American government wants its citizens to buy solar panels, and the Chinese government wants its citizens to build the panels. Rather than celebrate this harmonious agreement they are yelling trade wars at each other. The main industry harmed in all of this, would be the environment. The jobs of installing the panels, and the other environmental jobs connected with solar energy.
China recently, over shot the market with supply of solar panels because they produced too many. The price drop from too many panels is not a problem in America. There are speculations that China intentionally drove the market by producing too many panels, thus over shooting the market. If they did it intentionally, they could corner the market on manufacturing solar panels for a low price.