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Bloomberg Intelligence
Amazon Earnings, Musk in China, Intel in Ohio
May 3, 2024
Bloomberg Intelligence podcast features Anurag Rana on Amazon's AI growth, Craig Trudell on Tesla in China, Michael Halen on McDonald's strategy against competitors, and Herman Chan on New York Community Bank's challenges. Max Chafkin discusses Intel's $28B investment in Ohio, and Pol Lezcano talks about potential US tariffs on solar imports.
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Quick takeaways
- Proposed tariffs on solar imports aim to protect domestic industry but may hinder decarbonization efforts.
- Intel's $28 billion investment in Ohio aims to bolster U.S. chip production and competitiveness against cheaper imports.
Deep dives
U.S. Solar Manufacturers Seek Tariffs on Imported Equipment
U.S. solar manufacturers are requesting tariffs on $12.5 billion of imported equipment from Southeast Asia to counter unfair practices by overseas rivals. The tariffs targets solar panels' cells, which are crucial technological components of the panels. Companies like First Solar use different technology, but face challenges due to higher production costs compared to Asian countries. The tariffs could make power projects more expensive, potentially hindering the decarbonization efforts.
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Discover
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