Post by Dartmouth College
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$6.9 billion. That's what U.S. solar tariffs cost American consumers—and that's before counting the environmental damage. https://bit.ly/4bKIoSv When Chinese solar panels flooded the market in 2011, the U.S. responded with tariffs to protect American solar firms. That backfired, causing prices to rise, slowing solar adoption, and reducing solar installer jobs. "The solar tariffs myopically focused on protecting domestic solar firms; You have all these other components of welfare—all these other links in the chain that lose out," says Professor Bryan Bollinger from The Tuck School of Business at Dartmouth. With tariffs back at the center of U.S. trade policy, Bollinger's research is more relevant than ever.