An agreement between China and the European Union to set a price floor for solar products exported to Europe puts an end to the global solar trade war. At the end of the day, the U.S. put tariffs on Chinese solar cells, China retaliated with tariffs on U.S. polysilicon, and Europe set a price floor for Chinese solar modules in the hopes of making domestic products more competitive. Fool.com contributor Travis Hoium assesses the effects of the resolution and covers the companies that will win in solar in the video below.
China reached a solar trade resolution with Europe, which cools the trade war down for now.
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.