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Why Tariffs On Chinese Solar Panels Failed — Rystad Energy

Summary:
If the object was to limit imports from China the tariff was successful. If to stimulate domestic production, the tariff was a miserable failure. Imports just shifted to other Asian countries.The US is on track to import a record 27.8 gigawatts (GW) of solar PV panels in 2021U.S. tariffs on Chinese solar modules have not had the desired effectDirect shipments from China fell as a result of the tariffs, but domestic producers haven’t managed to fill the gapOilpriceWhy Tariffs On Chinese Solar Panels FailedRystad Energyhttps://oilprice.com/Alternative-Energy/Renewable-Energy/Why-Tariffs-On-Chinese-Solar-Panels-Failed.html

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If the object was to limit imports from China the tariff was successful. If to stimulate domestic production, the tariff was a miserable failure. Imports just shifted to other Asian countries.
  • The US is on track to import a record 27.8 gigawatts (GW) of solar PV panels in 2021
  • U.S. tariffs on Chinese solar modules have not had the desired effect
  • Direct shipments from China fell as a result of the tariffs, but domestic producers haven’t managed to fill the gap
Oilprice
Why Tariffs On Chinese Solar Panels Failed
Rystad Energy
https://oilprice.com/Alternative-Energy/Renewable-Energy/Why-Tariffs-On-Chinese-Solar-Panels-Failed.html
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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