Trump Presidency Threatens US-China Trade

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several Chinese solar manufacturers

Guardian

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Trump tariffs are coming, but some Chinese companies may already know how to avoid them

Summary

Nutrition label

81% Informative

China all but owns the global solar market.

Its share in every stage of the solar panel manufacturing chain exceeds 80% .

Less than 1% of the 54 GW of solar panels the US imported last year came from China .

More than a decade of US duties on Chinese solar cells and panels which are expected to be ramped up by Trump have all but eliminated Chinese solar equipment from the US .

Chinese companies are well aware of the need to tariff-proof their businesses.

Tongwei, China ’s biggest solar company, said in its annual report that many Chinese photovoltaic companies have “started exploring new avenues for growth, including establishing manufacturing facilities overseas”.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful