US to lift tariffs on Canadian solar products

[Yo_Mama_Been_Loggin]

Source: AFP

The United States has agreed to lift tariffs on Canadian solar products and leverage a North American supply chain to help meet energy and climate goals, officials in Washington and Ottawa said Thursday.

The deal comes after a trade dispute panel sided with Canada earlier this year, ruling that the tariffs violated the continental USMCA trade pact.

"Reaching this settlement with Canada will promote greater deployment of solar energy in the United States using products from one of our closest allies," US Trade Representative Katherine Tai said in a statement.

It will also "foster a more resilient North American supply chain for clean energy products made without forced labor," she said.


Read more: https://www.msn.com/en-us/news/world/us-to-lift-tariffs-on-canadian-solar-products/ar-AAZkJWT?li=BBnb7Kz

[SergeStorms]

1. Wonderful.

We need all the help we can get to wean ourselves away from fossil fuels.

[MichMan]

2. Why did it take a court ruling in order to get rid of them?

[Bernardo de La Paz]

3. Trump put them on in 2018. Biden in Feb. extended them for 4 years, prob as a negotiating tactic. nt

[Evolve Dammit]

4. We need this. 90 plus percent of Germany has residential solar. Solar shingles anyone? n/t

[JohnnyRingo]

5. I own a few shares.

I was wondering why it jumped 10% today, but I had a busy day.
Now I know why. Despite the name it's really a Chinese operation with a main office in Canada.

I'd been planning on dumping it for months now. For once my procrastination paid off.