Finally, Some Clarity in the China-US Solar Trade War
The following video is from Tuesday's Digging for Value, in which host Alison Southwick and Motley Fool energy analysts, Taylor Muckerman and Joel South, get to the heart of the biggest stories in energy investing today.
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China has been talking a big game, trying to intimidate the United States into changing the way it addresses the solar market with its polysilicon-a key ingredient in the production of solar cells. However, China clearly realizes its dependence on outside suppliers because the 6.5% mark that it ended up choosing is 89% less than its original threat. All of this is clearly a reaction to the United States' choice to impose tariffs on Chinese solar panels that are sold below market prices due to illegal subsidies. With this now behind us, hopefully key players in the market can move forward with business as usual.
For more, tune in to the video below.
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The article Finally, Some Clarity in the China-US Solar Trade War originally appeared on Fool.com.
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