"It's not official yet, but Yahoo! Finance is reporting that the Trump administration is considering putting emergency "safeguard" tariffs on solar panel imports from China.
Naturally, the move will be framed as a necessary action to protect US manufacturers from unfair competition from overseas. But it will also harm US consumers by making solar power more expensive than it needs to be.
It's a terrible idea, but it's an excellent example for illustrating the harms caused by protectionism. Let's go through it."
https://fee.org/articles/we-dont-need-to-prop-up-solar-panel-companies/
Naturally, the move will be framed as a necessary action to protect US manufacturers from unfair competition from overseas. But it will also harm US consumers by making solar power more expensive than it needs to be.
It's a terrible idea, but it's an excellent example for illustrating the harms caused by protectionism. Let's go through it."
https://fee.org/articles/we-dont-need-to-prop-up-solar-panel-companies/