After Trump tariffs, Chinese solar company says it will build United States factory

Harrisonburg solar company discusses impact of Trump's tariff

President Trump signed a new tax this week, which placed a 30 percent tariff on solar panels imported from other countries. "So it's going to make solar a little more expensive", said Beale. The administration's argument is that the Chinese government has in the past subsidized solar manufacturers inside China, allowing them to sell products in the U.S.at less than their fair market value.

News of its USA plans was buried at the bottom of a statement about Jinko signing up a big new US customer. When the USA authorities previously attempted to clamp down on this practice under former President Barack Obama, the Chinese firms simply started producing their solar panels and modules elsewhere.

Trump had hoped his new tariffs, which also include similar import restrictions on washing machines, would lead foreign companies to shift production to the US.

However, many experts have argued that Trump's tariffs will actually harm USA solar jobs. USA solar firms struggled to compete on price, and more than two dozen ended operations during that same period, so that 2017 saw just a handful of US producers of solar cells and modules survive.

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Russo said the tariff means that solar customers can expect to see a slightly higher upfront cost to installing solar panels, but that they will still pay themselves off in the long run.

Documents filed with the local government in Jacksonville, Florida, this month state that a "leading global manufacturer of solar panels and modules" is seeking to invest more than $400 million in building a manufacturing plant in the city.

The company has committed to investing US$410 million, and creating as many as 800 jobs, by the end of 2019, according to city documents.

Jinko declined to comment on whether it was the company behind Project Volt.

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