Solar Tariff
futureofcapitalism.com

The American government, which has been shoveling out federally guaranteed loans to American solar power companies, is now going to try to help by taxing the companies' foreign competitors, the Wall Street Journal reports:

U.S. trade officials slapped modest tariffs on imports of Chinese solar panels, giving a partial victory to solar-equipment manufacturers in the U.S. but stopping short of harsh duties that could spark a trade war....the Commerce Department announced preliminary duties of between 2.9% and 4.73% on Chinese solar cells and solar panels.

My bet is if the American government decided to impose a new 4.73% federal tax on Wall Street Journal subscriptions, or Wall Street Journal advertising, the word that the newspaper used to describe it in a news article wouldn't be "modest," but outrageous.

Read More...

Solar Tariff
futureofcapitalism.com

The American government, which has been shoveling out federally guaranteed loans to American solar power companies, is now going to try to help by taxing the companies' foreign competitors, the Wall Street Journal reports:

U.S. trade officials slapped modest tariffs on imports of Chinese solar panels, giving a partial victory to solar-equipment manufacturers in the U.S. but stopping short of harsh duties that could spark a trade war....the Commerce Department announced preliminary duties of between 2.9% and 4.73% on Chinese solar cells and solar panels.

My bet is if the American government decided to impose a new 4.73% federal tax on Wall Street Journal subscriptions, or Wall Street Journal advertising, the word that the newspaper used to describe it in a news article wouldn't be "modest," but outrageous.

Read More...