A Huntsville, AL solar panel plant has closed down after Pres. Biden exempted bifacial solar panels that are foreign-made from U. S. tariffs earlier this month.
LG, a company based in South Korea, announced the closing of its solar panel location in Huntsville, causing layoffs of around 160 workers and also another sixty Americans employed as contract workers.
Company leaders said they are hoping to keep as many workers as possible by moving employees to the manufacturing and business sectors at its Huntsville location. Employees that are laid-off will be receiving severance programs.
The announcement came only weeks after Joe Biden made the decision to exempt bifacial solar panels that are foreign-made — that mostly originate from China — from the Section 201 tariffs on solar panel imports that were 1st enforced by Trump in Jan. 2018 at a 30% rate.
The Coalition for a more Prosperous America warned that Joe Biden’s removing United States tariffs on bifacial solar panels made in China would have a traumatic effect on America’s solar industry.
“China sympathizers might think that removing the 201 solar tariffs wouldn’t affect the United States solar manufacturing businesses if Congress backs domestic companies. This is completely wrong,” Zach Mottl, who is the CPA Chairman, said:
“Without these policies to make the playing field level for United States solar makers that are having to compete with strongly subsidized Chinese businesses, it will not matter if a domestic tax credit is passed by congress for American producers.”
A short time after Donald Trump enforced the United States tariffs against solar imports, LG said that they would make their Huntsville location larger in order to add solar manufacturing — a big win for the Huntsville economy as every 1 factory job adds another 7.4 different jobs.
In Nov., Joe Biden’s Commerce Dept. took the side of Chinese solar companies that make their products in Vietnam, Thailand, and Malaysia, by turning down America solar manufacturers request to investigate United States tariff evasion.
Joe Biden was lobbied by twelve Senate Dems. who had sent a message asking the Biden White House not to force any tariffs against products made in Thailand, Vietnam, and Malaysia, by Chinese solar companies.
From 2001 up to 2018, the United States free trade with China has made Alabama lose about 2.5% of the states employment which is at least 50,700 jobs. A past study found that a permanent twenty-five percent tariffs on products that are China-made imported to the United States market would produce 1 million American jobs in 5 years.