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 (NYSE: LDK), Trina Solar (NYSE: TSL), and Suntech Power (STP +0.00%) 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.
Tariffs on Chinese-made solar panels could put manufacturers in an even worse position.
About the Author
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.