China Solar Giant Sees Booming Growth Despite U.S. Panel Tariffs

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. One of the world’s largest solar-panel manufacturers sees booming growth in the U.S. even if President Donald Trump doesn’t lower tariffs next year.China’s JinkoSolar Holding Co. Chief Financial Officer Charlie Cao expects U.S. demand for its products to surge nearly 45%, to 4 gigawatts, in 2020 as the Trump administration considers whether to move ahead with a scheduled 5% cut to duties on imported panels.“It’s not going to have any change,” Cao said in an interview Wednesday at Bloomberg headquarters …read more

Source:: Yahoo Finance

      

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