Stephen Kho Quoted by CGTV on U.S. Tariffs on Imported Solar Products
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Stephen Kho, a partner in the international trade practice at Akin Gump, has been quoted in the CGTV article “U.S. to slap 30 percent tariffs on solar manufacturers,” which reports on President Trump’s decision to impose new tariffs on imported solar modules and cells.
The article reports that the tariffs are expected to hit hardest in China, with Washington accusing Beijing of unfairly subsidizing its solar companies to help them dominate the global supply of solar cells. China has opposed unilateral trade penalties by the United States, the article notes, and some warn the tariffs could expand to include steel and aluminum.
“The danger of this is cross retaliation,” said Kho, who spent nine years at the U.S. Trade Representative’s office. “The danger is tit for tat action…possibly a trade war.”