A 30% U.S. tariff on imported solar panels put in place last winter should have caused prices here to jump.
But when tariffs are unleashed, as businesses are learning, things don’t always go as expected.
Therein lies a cautionary tale of the uncertainty in store for other industries as the Trump administration’s latest tariffs took effect Friday against hundreds of Chinese imports valued at $34 billion, including semiconductors, farm machinery, medical devices and aircraft parts.
China immediately retaliated against U.S. shipments of farm produce, dairy products and automobiles. [click for full article]