Washington, DC (January 31, 2018) A week after President Trump imposed tariffs on solar panels imports, a Chinese solar manufacturer announced it had plans to open a plant in the United States, bringing in jobs and contributing to the nation’s economy.

Chinese Firm Announces U.S. Solar Plant, a Week After Trump Tariffs
JinkoSolar doesn’t offer details but says it is monitoring ‘treatment of imports’

By Erin Ailworth

“JinkoSolar JKS -2.54% Holding Co. said Monday that its board has authorized the company ‘to finalize planning for the construction of an advanced solar manufacturing facility in the U.S.’

The company tucked news of its U.S. manufacturing plans into an announcement about an agreement to supply an unnamed U.S. customer with 1.75 gigawatts of solar panels over about three years.

It appeared to tie the proposed facility to Mr. Trump’s recent tariff decision, which would tax imported solar panels and cells at 30% in the first year. The tariff would decline to 15% in the fourth and final year.”

Read the full article in The Wall Street Journal here.