Business Standard

Donald Trump's trade crackdown; US slaps tariffs on solar equipment

While the obvious winners are American manufacturers that will likely become more competitive

Image
Premium

Bloomberg
While the obvious winners are American manufacturers that will likely become more competitive, foreign companies that have built a local presence could also gain an edge. On the losing side, overseas appliance producers will hurt, but tariff levels for some solar panel makers based outside the US may not be as steep as they had expected. 
 
Some of the winners are Whirlpool, Qingdao Haier, First Solar, SolarWorld Americas and Suniva, U.S.-China trade relations, Longi Green Energy Technology, and India. And some of the losers from this move are American workers, LG, Electrolux AB, Midea Group, JinkoSolar Holding.

The biggest

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in