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.
ht/ c. steven tucker
There will be more companies doing the same.
I’m no ways tard of winning!
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)
Maybe they can take over the political payoff Solyndra building.
550 million taxpayer dollars down the shovel ready rat hole.
0bama retired with $40 million. Wanna guess which boondoggles kicked that back?
Well, shoot! I’d love to read the whole article but the Wall Street Journal wants me to purchase a subscription first.
Leave Nastassja Kinski
https://www.youtube.com/watch?v=3YaRvbQSjrk
alone!
staffed with robots and illegal coolie labor. winning?
Please, just stop the winning, I can’t handle it anymore!
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.
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.
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.
Solar, huh? It had to be solar? I keep thinking about the solyndra and the other mess. lol
I get the revenue and jobs and shit, but China AND solar? And most likely more visas? Yuck.
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.
Another small win amongst many, keep it up.
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 …