Thanks are due to U.S. Rep. Mark Sanford for his letter to the International Trade Commission arguing against the tariff on imported solar panels. His letter throws more light on the ever-increasing evidence that our president knows nothing about the economy or international relations.
By imposing this 30 percent tariff, mainly on Chinese products, President Trump will:
▪ Anger the Chinese who will counterattack with an equal tariff on American goods, thereby hurting American businesses and causing the loss of jobs.
▪ Prevent solar installers from purchasing reasonably priced panels, causing their businesses to fail and causing the loss of an estimated 88,000 American jobs.
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▪ Raise the cost of solar energy systems for homeowners and businesses.
▪ Cause communities who have invested in solar systems to lose repair and purchase sources.
▪ Replace clean, renewable energy with dirty fossil fuels.
This tariff will be imposed for no discernible economic gain.
The only explanation is that the tariff appeals to the Trump base who believe that this tariff somehow “corrects” the unfairness of our trade with China. In fact, the tariff helps no one. It is just another example of a president who wants to be “liked” and knows where to look for approval — at the expense of us and our country.
Tina M. Farrell
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