US sets tariffs of up to 3,521% on South East Asia solar panels
US sets tariffs of up to 3,521% on South East Asia solar panels
www.bbc.com
US sets tariffs of up to 3,521% on South East Asia solar panels
35 comments
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It’s called a self-embargo
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Why not just outright ban the import and sale of the items?
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At first, I thought it was 3 point 521 percent because we use "comma" for decimal points and "period" for thousand separators.
Nvm it is over 3000 percents !! Might as try 9999 % and make a meme out of it.
FFS which world lines are we on?
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You know what's funnier? I mean, it's not funny, but it also kind of is. At the same time, the Trump administration is pushing coal burning power plants. Aside from the high levels of pollution, including greenhouse gas emissions that coal plants produce, no one in the US is building new coal fired power plants. Twenty years ago, coal generated over 50% of the electric power in the US. Now it's less than 20%.
Even if they were, it takes years and a huge investment, including getting rail access to the plant, to even bring one online. Electric utilities spread their capital outlays over decades rather than years. So I would expect that convincing the industry to switch back to coal, with the understanding that they'll have to maintain new coal fired plants for the next 40 years, is going to be a nonstarter.
All tarrifing solar panels will do is push power utilities toward natural gas and exacerbate the (actually legitimate) issue of insufficient base load generation capacity that they've been whining about for years. Oh, and also kill residential solar projects.
Long way of saying this action will continue to weaken our already strained energy infrastructure. You could try to incentivise domestically produced solar panels. But this is not how you would do that.
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So what you are saying is that the US can look forward to South African style load shedding schedules for a few decades?
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Tenty years ago
Actually, after “ninety” comes “one hundred”
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So many people didn't expect the insanity to return.
I have no idea why, other than I suppose they were too young the first time around.
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Yeah maybe the youngest voters have that excuse kinda. Like, they were at least 14 at the end of his first term, which had plenty of shit go down, but most voters should be old enough to remember what fucking happened last time.
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Most people live in their own ass
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I mean I hope it’s just you in there.
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Still do.
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Is there some kind of nazi numerology at work here?
3521% is oddly specific.
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My guess is, he looked on his desk, saw 3 coke cans, 5 burger wraps, 2 sharpies and 1 diaper. A new trade policy was born that day from such an inspiring sight.
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3+(5)+2+1
8< >8 By the weird power of made up numerology, that gives you 88, you can never be too careful with these lots.
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Or just moron numerology. The last tariffs were calculated by taking the trade deficit and dividing that in two. E.g some country imports 10 billion to the US but exports only 5, so trump claimed there was a 50% "tariff" by that country and slapped 25% "counter tariffs" on them.
At least they capped it to a 10% minimum as otherwise there would be a bunch of countries the US should have added a negative tariff for making that stuff cheaper.
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Why not 3522? I think that would really drive the point home
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You know I wasn't going to say it, but 3522 also isn't convincing to me. They'll still be two times cheaper than local options.
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well, at that point the numbers lose their meaning.
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Yeah, I don't understand (amongst many other things) why distinguish between 3,500% and 3,521%? What insane sum was used it generate that figure?
Also, at this point a part that costs $10 is now $362.10. Is there any point using tariffs here rather than just making them illegal?
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Rich people can still buy them for their offgrid bunkers without having to bribe the court system this way.
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And people think there's no conspiracy from the oil companies.... Maybe instead of gasoline, we should try to use oil executives to make our cars go?
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Blubber from domestically grown land whales is an abundant resource in the US.
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We have gone plaid!
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How many assholes do we have on this
shipadministration?
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Some solar equipment exporters in Cambodia face the highest duties of 3,521% because of what was seen as a lack of cooperation with the Commerce Department investigation.
Products made in Malaysia by Chinese manufacturer Jinko Solar faced some of the lowest duties of just over 41%.
Another China-based firm, Trina Solar, faces tariffs of 375% for the products it makes in Thailand]Neither company immediately responded to requests for comment from BBC News.
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The number looks like someone used 4 dices....
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That comma is a mantissa separator or just an aesthetic fluff? 3 with something or 3521?
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In the US a comma is the thousand separator and a period is the mantissa separator.
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Thousands separator.
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3521%
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I'll buy their solar panels, just make sure it doesn't depend on sun. We don't have sun in Belgium
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That's a comically high and specific %
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You are 654,863,108% correct!
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35 comments