Quote:
Originally Posted by Two Bills
Tariffs or not, goods from China will be with us still, for a very long time. Tariffs are just price rises for the customer.
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Interesting things, tariffs, and there are many reasons for applying them.
China currently produces 80% of the World's solar panels, so of course it can make them cheaply - that is the whole point of mass production.
However, the USA imposed tariffs on them claiming that they were being sold "below cost".
If they are, surely the best way to get at that company (or country) is to buy as many of that product as possible? That way you, get them nice and cheap, and on every one you buy the company is losing money. It can't keep doing that for ever and will soon have to raise its prices to cover costs.
Many tariffs are imposed to protect local manufacturers. This is not the case for solar panels where the USA does not have the capacity to meet demand, and can sell all ot produces to people who want to buy USA-made products.
The major reason for imposing tariffs is to raise revenue for the Government (under the guise of doing what's best for the local manufacturers, of course).