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0 0.000450516267290089 0.00158289499318146 0.00219170075978968 0.00530878628482371 0.00753701539060985 0.00619764270407173 0.00769530488992798
Stock impact report

US solar manufacturers target China-linked imports in new plea to Biden [Yahoo! Finance]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: Yahoo! Finance
The new trade petitions filed Wednesday ask the Biden administration to levy new penalties on solar components from those countries — a prospect likely to spark uncertainty at a time when U.S. solar installations are soaring , thanks in part to Democrats' climate law . It could also complicate President Joe Biden's goal of rapidly expanding the country's supply of solar-generated electricity, given U.S. solar installers' continued reliance on inexpensive Asian imports. "There is no question, despite the passage of the Inflation Reduction Act, the U.S. solar manufacturing industry is injured and remains in a very precarious position," said Tim Brightbill, the lead counsel to the seven manufacturers behind the petition. Growing the U.S. solar industry and its supply chain is a key part of the Biden administration's climate agenda. But domestic manufacturers continue to struggle in the face of competition from cheaper imports from Asia, prompting these companies to fight back in a s Show less Read more
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