NEW YORK -- Chinese solar companies in the U.S. are in a bind as sweeping legislation backed by President Donald Trump could bar them from receiving tax credits and subsidies that have spurred American solar manufacturing.
Legislation would strip away tax credits, making investors think twice
U.S. solar manufacturing facilities set up by Chinese companies have surged in the past few years, on the back of clean energy subsidies offered by the Joe Biden administration. © Reuters
NEW YORK -- Chinese solar companies in the U.S. are in a bind as sweeping legislation backed by President Donald Trump could bar them from receiving tax credits and subsidies that have spurred American solar manufacturing.