Trump's Tariffs Are Driving a U.S. Solar Panel Resurgence

Trump's Tariffs Are Driving a U.S. Solar Panel Resurgence

President Donald Trump’s recent decision to apply tariffs on imported solar panels was met with strong reaction in Washington, reaction that was very much divided along political lines. But the initial evidence shows that the tariff is working.

No fewer than nine companies have announced manufacturing expansion plans in the U.S. market in the past several weeks, all of them motivated partly by the tariffs. The biggest is JinkoSolar, a Chinese manufacturer that said it is committing $410 million to build a plant in Jacksonville, Florida, that will employ 800 workers. The Jacksonville city council is, of course, thrilled, and has voted to give the company tax breaks in support of the investment.

Equally exciting, two American-owned companies...

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