Solar Tariffs on China: Good for FSLR and SPWR
The Commerce Department affirmined its ruling yesterday that certain Chinese companies dumped their products on the U.S. market and received unfair subsidies from the Chinese government.
The department adjusted some of the tariffs it wants to impose on the Chinese makers, with some companies seeing a slightly lower burden and others a slight increase. The tariffs generally range from about 24% to nearly 36% for leading Chinese makers.
The department said Chinese solar-panel makers including Suntech Power Holdings Co. (STP) -2.31% and Trina Solar Ltd. (TSL) have been selling panels at unfairly low prices.
What does this mean for U.S. Solar Sector stocks such as First Solar (FSLR) and SunPower (SPWR)?
Obviously, there will be less supply dumped on the market, so Solar Panel margins won't continue their death spiral to 0.
Mastery Bottom Line:
It could be a great time to get back in to Solar. The Masters recommend FSLR and SPWR.
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Solar Installations Surge 95% In 2016 | Financial Sense
- Senate Intel Committee Orders White House To Keep All Records For Russia Probe | ZeroHedge
- Don’t Short This Dog, Report 20 Feb, 2017 | ZeroHedge
- A Storm Is Brewing Over Europe | Financial Sense
- White House May Change Calculation Of US Trade Deficit, Boosting Trade War Odds | ZeroHedge
- Earnings Provide Foundational Value | Financial Sense
- The Death Of Venture Capital? | ZeroHedge
The most relevant financial news and articles from the Internets
- 2012 Honda CR-V | BusinessWeek
- Publisher cancels Milo Yiannopoulos book deal | Business Insider
- The US is going after the highest-profile Venezuelan target yet —... | Business Insider
- 31 things I asked for — successfully — by the time I was 31 | Business Insider
- A new German poll shows an unexpected challenge for Merkel | Business Insider
- A former Navy SEAL shares the No. 1 leadership lesson he learned in... | Business Insider
- McCain: Dictators get started by 'suppressing the free... | Business Insider