The dust has finally settled on the 2024 U.S. election, with Republican candidate Donald Trump successfully elected to return to the White House. This historic moment has stirred widespread discussion across the country, as well as making waves on the international stage. Trump's re-election will have far-reaching consequences in a number of areas, and the photovoltaic industry is one of the focal points of attention.

Trump has taken ‘America First’ as his slogan, emphasising the protection of national interests. During his term of office, the U.S. trade policy towards China and other countries tends to harden, which makes the photovoltaic industry faces many challenges. Many industry insiders have begun to speculate whether Trump's return to power will change the trajectory of the PV industry.

Policy direction and market reaction

With Trump's election, he may revisit and adjust the tariff policy for the PV industry. This may affect the import and export of PV products, making the competitiveness of domestic PV companies in the international market change. At the same time, the Trump administration's tilt on new energy policies will also directly affect the R&D and application of PV technology.

Experts point out that Trump's governing team may increase its support for traditional energy sources, which may lead to an increase in policy uncertainty for the PV industry. However, some analysts believe that the rising global demand for renewable energy will still drive the PV industry, only that the outlook may be more complex.

Trump's victory will not only affect the U.S. domestic market, but will also trigger a chain reaction on a global scale. Relevant companies, investors and policy makers in the PV industry are paying close attention to this change in order to adjust their strategies according to the new situation.

Regardless of future policy changes, the PV industry needs to adapt to the new international environment and continue to innovate in order to cope with the increasingly fierce global competition. Trump's re-election will bring new opportunities and challenges for the industry, and companies will need to maintain sharp market insights to seize development opportunities.

Trump's return to the White House marks the opening of a new political era. With the gradual clarification of future policies, the development path of the photovoltaic industry will become clearer and clearer, and the pattern of the global photovoltaic market will usher in a new change.

In short, Sunforson, as a first-class PV mounting manufacturer in China, in the face of deepening trade barriers, our team pays close attention to domestic and international market and policy changes, and timely adjusts its strategy to adapt to the new market environment, as well as develops and produces a variety of PV mounting types to meet different market demands, reduce reliance on specific supply chains, and at the same time, enhance competitiveness and effectively deal with potential trade barriers and market challenges.