Announcement

Collapse
No announcement yet.

After Trump tariffs, Chinese solar company says it will build U.S. factory

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • After Trump tariffs, Chinese solar company says it will build U.S. factory

    How do you beat the tariff? ......build in the USA.....

    A week after the Trump administration unveiled tariffs of up to 30% on imports of solar panels, one of China's biggest manufacturers announced that it plans to open a new plant in the U.S.


    JinkoSolar said in a statement Monday that its board of directors had given the go-ahead to "finalize planning for the construction of an advanced solar manufacturing facility in the U.S."

    http://money.cnn.com/2018/01/30/news...ump/index.html
    "I don't discuss sitting presidents," Mattis tells NPR in an interview. "I believe that you owe a period of quiet."

  • #2
    Watts Up With That? | The world's most viewed site on global warming and climate change.

    Comment


    • #3
      Boy they are going to be shocked by our environmental laws... Betcha they try to cheat on them as well.
      Credo quia absurdum.


      Quantum mechanics describes nature as absurd from the point of view of common sense. And yet it fully agrees with experiment. So I hope you can accept nature as She is - absurd! - Richard Feynman

      Comment


      • #4
        That's what the Japanese did to avoid tariffs on imported cars. Build 'em here.

        Comment


        • #5
          Price of goods will go up because it's more expensive to make things in America. Companies will either pay the tariff or pay more to have them made here, either way it'll drive prices up. Which isn't going to be good for anyone with as weak as the dollar is right now.

          Peter Levy, founder and CEO of Carjojo, said, "Pickup trucks are top-selling vehicles here, and any pricing disruption brought on by the tariff could have massive ripple effects across all brands, no matter where they’re made. Ram can’t raise the price of just the trucks that are made in Mexico—they’ll have to raise the prices on the whole line. And their competitors will then have cover to either raise prices themselves or gain market share."
          http://www.thedrive.com/news/8519/tr...d-ram-the-most

          roposals for a border tax to pay for a wall with Mexico and encourage increased manufacturing in the U.S. would add hundreds to thousands of dollars to the cost of every car and truck sold here, including those assembled in American factories.

          There's even a risk the tax could raise prices and reduce sales so much that the U.S. loses manufacturing jobs, according to the Motor Equipment Manufacturers Association, the umbrella group for several supplier associations representing 1,000 companies.

          Analysts, associations and experts say the tax could add $2,000 to $2,500 to the average cost of a vehicle sold in the U.S.

          "This is a price increase, and the consumer will bear an awful lot of the burden," Michigan State University professor of economics Charles Ballard said. "There are things you can do with a scalpel that might create jobs, but if you use a meat ax, you're likely to do harm. I'm afraid in one or two years we'll wake up to the recognition that this policy had many unintended consequences."
          http://www.chicagotribune.com/classi...313-story.html

          There are certain jobs we don't need in America. Anyone interested in assembling iphones?

          Zeng's six weeks spent at Pegatron are not the first time a reporter has gone inside a typically press-shy iPhone assembly plant. Foxconn in particular has seen its share of scrutiny following a string of worker suicides in 2009 and 2010, and a deadly 2011 fire at a plant that manufactured iPads.
          https://mashable.com/2017/04/25/ipho.../#8yAmywDmxmqg

          If you're an American and can't find a job in this day and age, the problem is you, not the government.
          "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety."
          - Benjamin Franklin

          The new right wing: hate Muslims, preaches tolerance for Nazis.

          Comment


          • #6
            Originally posted by TactiKill J. View Post
            There are certain jobs we don't need in America. Anyone interested in assembling iphones?



            https://mashable.com/2017/04/25/ipho.../#8yAmywDmxmqg

            If you're an American and can't find a job in this day and age, the problem is you, not the government.


            So, are you saying that you don't care about the lives of Chinese people? That they should die so you can talk to Siri? That we should accept human rights abuses by Chinese companies against Chinese workers so long as we get cheaper products? That we should accept companies abusing Chinese people solely for profit margins?
            Tacitos, Satrap of Kyrene

            Comment


            • #7
              Originally posted by TacCovert4 View Post
              So, are you saying that you don't care about the lives of Chinese people? That they should die so you can talk to Siri? That we should accept human rights abuses by Chinese companies against Chinese workers so long as we get cheaper products? That we should accept companies abusing Chinese people solely for profit margins?
              Are you saying we should wreck our economy in favor of social justice?

              I think China is responsible for their own issues. Unlike the **** show we created in the middle east, America bears no responsibility for the state of China. I don't support any of Apple's products fwiw.

              The American government needs to lower taxes, more, and get out of the way instead of trying to control every decision these companies make.
              "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety."
              - Benjamin Franklin

              The new right wing: hate Muslims, preaches tolerance for Nazis.

              Comment


              • #8
                Originally posted by TactiKill J. View Post
                Price of goods will go up because it's more expensive to make things in America. Companies will either pay the tariff or pay more to have them made here, either way it'll drive prices up. Which isn't going to be good for anyone with as weak as the dollar is right now.
                Well, the drop in corporate tax rates will make things less expensive by a considerable margin simply by lowering the amount of tax a corporation is paying to make it. A tariff combined with a corporate tax cut makes domestic production attractive. It argues if the company continues to import their product they can pay higher taxes on it to do so, or they can make it here and pay less taxes on it.

                Now, if the tax structure remained the same and a tariff were imposed you might have an argument.

                Comment


                • #9
                  I remember when Sony TV's were expensive but everyone seemed to want one. NAFTA cut tariffs from stuff made in Mexico. What did Sony do? They shipped kits to Mexico where they assembled TV's quickly and easily. They then shipped them to America! I had my Mexican Sony for over 20 years. I now have a Flat Screen Sony.

                  The Chinese can also do the same thing in Mexico.

                  If the Chinese are shipping jobs to the US you can bet they are getting their backs scratched somewhere else. Maybe they will make another move in the South China Sea?

                  Pruitt
                  Pruitt, you are truly an expert! Kelt06

                  Have you been struck by the jawbone of an ASS lately?

                  by Khepesh "This is the logic of Pruitt"

                  Comment


                  • #10
                    Originally posted by T. A. Gardner View Post
                    Well, the drop in corporate tax rates will make things less expensive by a considerable margin simply by lowering the amount of tax a corporation is paying to make it. A tariff combined with a corporate tax cut makes domestic production attractive. It argues if the company continues to import their product they can pay higher taxes on it to do so, or they can make it here and pay less taxes on it.

                    Now, if the tax structure remained the same and a tariff were imposed you might have an argument.
                    It's not enough to offset the costs, but let's assume it is. It's still a risky proposition for American companies to shutdown foreign plants, build new ones in America, hire tens of thousands of people all while not knowing what the future holds. What happens when a dem is back in office? These tax rates can easily go back up, then what?

                    What we need is more long-term security and less government influence. Like abolishing the IRS and moving to a fair tax system or something similar, but that's another topic.

                    The type of jobs these tariffs "bring" really aren't worth the higher prices everyone is going to be paying for goods. Among other issues. What's the net gain if it brings more low income jobs but the cost of living goes up at the same time?

                    Not to mention a lot of these jobs will be replaced by robots in the future anyway. It's time to shift our thinking, it's not the 1950's anymore.
                    "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety."
                    - Benjamin Franklin

                    The new right wing: hate Muslims, preaches tolerance for Nazis.

                    Comment


                    • #11
                      Originally posted by TactiKill J. View Post
                      It's not enough to offset the costs, but let's assume it is. It's still a risky proposition for American companies to shutdown foreign plants, build new ones in America, hire tens of thousands of people all while not knowing what the future holds. What happens when a dem is back in office? These tax rates can easily go back up, then what?
                      Irrelevant appeal to consequences.

                      What we need is more long-term security and less government influence. Like abolishing the IRS and moving to a fair tax system or something similar, but that's another topic.
                      This is separate from the question on the table.

                      The type of jobs these tariffs "bring" really aren't worth the higher prices everyone is going to be paying for goods. Among other issues. What's the net gain if it brings more low income jobs but the cost of living goes up at the same time?

                      Not to mention a lot of these jobs will be replaced by robots in the future anyway. It's time to shift our thinking, it's not the 1950's anymore.
                      This is called "Affirming the Consequent. This is saying "If A then B must happen. B has happened so therefore A. You have no way of knowing if the price of something will rise, fall, or stay the same in this scenario.

                      Comment


                      • #12
                        Good. Jobs coming to the USA. I would rather it was US companies building them, but this is still good.

                        The Dems only bring hate and division; Trump is bringing employment and hope.
                        Any man can hold his place when the bands play and women throw flowers; it is when the enemy presses close and metal shears through the ranks that one can acertain which are soldiers, and which are not.

                        Comment


                        • #13
                          This has been a gr8 year, property values have gone up. Stocks up. I predict a prudent investment in a company like old skunky would show major dividends.

                          Boeing as well since we're upgrading the 'venerable' GBU-57.

                          https://www.military.com/dodbuzz/201...s-upgrade.html

                          Seems a good idea to me.
                          Credo quia absurdum.


                          Quantum mechanics describes nature as absurd from the point of view of common sense. And yet it fully agrees with experiment. So I hope you can accept nature as She is - absurd! - Richard Feynman

                          Comment


                          • #14
                            Hmmm...solar....the technology that has proven essentially worthless in practical terms.

                            And we need more of this...why?
                            Quis Custodiet Ipsos Custodes? Who is watching the watchers?

                            Comment


                            • #15
                              Originally posted by Mountain Man View Post
                              Hmmm...solar....the technology that has proven essentially worthless in practical terms.

                              And we need more of this...why?
                              If eco nutters and such want to buy it and the government isn't subsidizing it, who cares? Let the Chinese make the panels and sell them to people who want to buy.

                              Comment

                              Latest Topics

                              Collapse

                              Working...
                              X