Tag

Asian Imports

All articles tagged with #asian imports

energy2 years ago

US Solar Panel Plant Opens Amid Concerns Over Asian Imports

South Korean company Qcells has opened a major solar panel factory in Georgia, capable of producing 5.1 gigawatts of power annually. The factory is the first solar module factory in the US to begin production since President Joe Biden's climate legislation was passed. However, concerns have been raised about the influx of cheap solar panels from Asia, which could hinder efforts to boost domestic solar manufacturing. Qcells is investing $2.3 billion in a complex to refine polysilicon and manufacture solar cells in the US. The company is optimistic that federal incentives and policies promoting American-made products and low-carbon emissions will support its growth.

business2 years ago

Labor disruptions cause vessel buildup and container processing delays at West Coast ports.

A labor dispute between dockworkers and their operators at major West Coast shipping ports in Los Angeles, Long Beach, Oakland, and Seattle could have negative impacts on the U.S. economy. The conflict has been ongoing for months and is affecting the shipping of hundreds of billions of dollars' worth of cargo each year, with government officials concerned about its impact on the entire U.S. supply chain.