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0.00517186505410571 0.00373965626989178 0.00326225334182047 0.0041374920432845 0.00596753660089115 -0.000596753660089138 -0.0129694462126034 -0.0173456397199237
Stock impact report

Trump’s Tariffs May Dim Solar Sector’s Future As Energy Demand Spikes [Forbes]

First Solar, Inc. (FSLR) 
Last first solar, inc. earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.firstsolar.com/investor-relations
Company Research Source: Forbes
the Trump administration announced it will impose duties of as much as 30 percent on solar equipment made abroad on January 23, 2018 in Palmetto Bay, Florida. Daren Goldin the owner of the company said, 'the tariffs will be disruptive to the American solar industry and the jobs they create.' (Photo by Joe Raedle/Getty Images) Getty Images Analysts say the stock market took a nosedive on Friday because investors are worried about the tariffs getting even steeper and how they'll affect the economy. The Dow dropped by a whopping 700 points. Donald Trump's tariffs will raise prices, create market inefficiencies and stunt economic growth. And guess what? Trump will announce new tariffs on Wednesday or ones that hit back at countries that hit us back. That worries the U.S. solar industry. Consider that solar panel prices are rapidly declining. But here's the catch: They're still pricier here because of those old taxes on solar imports. More tariffs add fuel to the fire just as we ramp Show less Read more
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