Solar Stocks Hit the Skids as Trade-War Heats Up (TAN)
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China responded to U.S. tariffs on solar product imports by announcing an investigation into clean energy projects in the U.S., claiming the projects violate international trade law.
The statements made by China’s Commerce Ministry are in response to a 31 percent tariff imposed by the US amid alleged “dumping” by the Chinese, a term Beijing rejects.
Guggenheim Solar ETF (NYSE: TAN), a fund which includes both US and Chinese solar companies, is trading down 3 percent Thursday.
The statements made by China’s Commerce Ministry are in response to a 31 percent tariff imposed by the US amid alleged “dumping” by the Chinese, a term Beijing rejects.
Guggenheim Solar ETF (NYSE: TAN), a fund which includes both US and Chinese solar companies, is trading down 3 percent Thursday.
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