China Solar Stocks Rise After U.S. Avoids Tariff Probe

China Solar Stocks Rise After U.S. Avoids Tariff Probe

Assessment

Interactive Video

Business

University

Hard

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The video discusses the history and impact of tariffs on Chinese solar products, initially imposed in 2012 during the Obama era. It explains how Chinese manufacturers shifted production to Vietnam, Thailand, and Malaysia to avoid these tariffs, leading to 80% of US solar panels being imported from these countries. A group of US manufacturers, known as the American Solar Manufacturers Against Chinese Circumvention, is advocating for extending tariffs to these countries. However, most of the US solar industry opposes this due to potential cost increases. The Commerce Department has asked the group to reveal their identities for further consideration.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the reasons behind the US imposing import duties on Chinese solar products in 2012?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How have Chinese solar manufacturers adapted to the tariffs imposed by the US?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of solar panels in the US are now sourced from countries like Vietnam, Thailand, and Malaysia?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Who are the American manufacturers that are advocating for the extension of tariffs to other countries?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact do the tariffs have on the US solar industry according to the text?

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