ICYMI: A Deal That Would Have Never Happened Under Loser President- Barack “America Last” Obama – IOTW Report

ICYMI: A Deal That Would Have Never Happened Under Loser President- Barack “America Last” Obama

WSJ-

A Chinese solar manufacturer said Monday that it plans to open a plant in the U.S., a week after President Donald Trump imposed tariffs on imported solar panels.

JinkoSolar JKS -1.51% Holding Co. said Monday that its board has authorized the company “to finalize planning for the construction of an advanced solar manufacturing facility in the U.S.”

The company tucked news of its U.S. manufacturing plans into an announcement about an agreement to supply an unnamed U.S. customer with 1.75 gigawatts of solar panels over about three years.

It appeared to tie the proposed facility to Mr. Trump’s recent tariff decision, which would tax imported solar panels and cells at 30% in the first year. The tariff would decline to 15% in the fourth and final year.

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ht/ c. steven tucker

16 Comments on ICYMI: A Deal That Would Have Never Happened Under Loser President- Barack “America Last” Obama

  1. Obama would have invested $1.25 billion taxpayer dollars to help build the plant in China
    – And his buddies would have skimmed 3/4 of that into their own pockets.
    (See: Solyndra)

  2. Just think how well we would be doing if we didn’t have a moronic POTUS.
    (JIC: This is sarcasm.)

    But do keep in mind that “The devil is in the details.” If the US has to agree to a few thousand H1B visas (or similar), then it is not as much of a win. Still a win.

  3. If they want to enter our competitive free market-capitalistic marketplace and compete on a level playing field, give it a shot. But not one damn subsidy dollar from US taxpayers. Not one. Of all the friends suckered into solar panels, not one will come right out and say it’s paid off.

  4. Weren’t all the assets of all the solar companies that Obama gave our billions in taxpayer funds to (and then went bankrupt) – purchased for pennies on the dollar by China?

    At least they’re bringing back the jobs while keeping all intellectual property.

  5. Hussein Obama give the taxpayers money to different stuff including the Benghazi video I still waiting for that mother fuc to give the taxpayers money back. The SOB is living good in a fuc house in Washington, D.C. With is gorilla wife and is partner in crime Valerie Jarrett.

  6. The taxpayers of the United States are taking it up the ass.
    The solar panel scam is paid for by the taxpayers, the importation fees are paid by the taxpayers, and the revenue loss will be made up by the taxpayers.
    The chinks wouldn’t be involved in this stupid shit unless they were being well-paid by the political scammers in this country.

    izlamo delenda est …

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