When the Commerce Department slapped tariffs on Chinese solar panels last year, industry analysts had good reason to worry that it would spark a costly and counterproductive trade war. Now, in another example of why tariffs and other trade barriers should be imposed with extreme caution, their fears are being borne out. In retaliation for last year’s penalties, the Chinese government has begun enforcing tariffs of its own on American polysilicon, an ingredient in solar panel manufacturing.
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