Forbes: Will U.S. Tariff Barriers Against China Become America’s Maginot Line?
By Drew Bernstein, co-chairman and co-founder of Marcum Asia.
According to a report by Clean Energy Associates, solar module production in the United States is expected to grow from 31 gigawatts (GW) in 2024 to about 60 GW by 2026. However, the capacity for more capital- and technology-intensive solar cells is expected to increase more slowly, from just 1 GW in 2024 to 11 GW in 2027. In short, U.S. manufacturers could be rendered uncompetitive by paying a 50% premium for their most critical component that isn’t produced in any quantity domestically.