Solar tariffs in Europe started at a low 11% rate last week, but if a deal between Europe, China, and even the U.S. isn't reached by Aug. 6 then they could go up to as much as 68%. This is clearly a negative development for Chinese manufacturers like Yingli Green Energy (NYSE: YGE), LDK Solar (OTC:LDKYQ), and Trina Solar (NYSE: TSL), but it's not necessarily good for U.S. companies either. First Solar (NASDAQ:FSLR) has little presence in Europe right now and SunPower (NASDAQ:SPWR) won't see much benefit from tariffs either. In the end, tariffs are bad for nearly everyone, a sentiment Travis Hoium covers in the video below.