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00:00:01
>> The Trump administration weighing protectionist policies for the US solar energy industry after the US International Trade Commission on Tuesday made its recommendations for how to deal with imports of solar panels, including an immediate 35% tariff on all imports. Reuters reporter, Nichola Groom.>> Earlier there, this year, a solar panel maker named Suniva, asked the International Trade Commission to impose tariffs on overseas imports of solar panels.
00:00:30
They argued that they simply can't compete with cheap imports from China and other countries in Asia.>> Still, Suniva says the ITC's remedy doesn't go far enough to fix the problem. President Donald Trump has vowed to protect US manufacturers from low priced imports, and his commerce secretary has talked about tariff rate quotas as a way to protect some industries.
00:00:51
Allowing imports in, as needed but only up to a certain level before high terrorist kick in.>> The recommendations that came out today will land on President Trump's desk, but he doesn't necessarily need to implement any of them. He can come up with his own solution, so there's still quite a bit of uncertainty out there about what will happen next.
00:01:13
>> The top US solar trade group has lobbied heavily against import restrictions, saying they would undermine a 70% drop in the cost of solar since 2010, that's made the technology competitive with fossil fuels.