According to The Wall Street Journal, Europe is proposing a tariff of between 48% and 68% for Chinese-made solar panels. Solar giants like Yingli Green Energy (NYSE: YGE ) , LDK Solar (NASDAQOTH: LDKSY ) , Trina Solar (NYSE: TSL ) , and Suntech Power (NASDAQOTH: STPFQ ) will be negatively affected by this, which will make it even harder for them to make a profit. The Motley Fool's Lauren Kuczala sat down with Fool.com contributor Travis Hoium to discuss which companies will be hurt and which will benefit.
One company that may benefit from European tariffs is First Solar, who has essentially been pushed out of the market. If you're looking for continuing updates and guidance on the company whenever news breaks, The Motley Fool has created a brand-new report that details every must know side of this stock. To get started, simply click here now.