“we expect that any trade actions that would occur this time around will be very manageable and for several reasons”

In context

“. [Operator Instructions] The first question comes from Steve Fleishman with Wolfe Research. Please go ahead. Steve Fleishman: Yes. Hi, thank you. Just first question just there's been press reports about potential another AD/CVD case to be filed related to solar panels and Biden also talking about getting rid of the protection on the bifacial panel tariff. Could you just talk a little bit more about how you're positioned to deal with those cases if they do arise? Changes if they arise? Thanks. John Ketchum: Sure. Steve, this is John. I'll go ahead and take that. Let me take those in order. Let me talk about, first of all, the speculation around AD/CVD filing, which, may or may not occur, and then the bifacial exemption. But first on the AD/CVD, the bottom line takeaway for folks is that, we expect that any trade actions that would occur this time around will be very manageable and for several reasons, I'm going to go through them. This is not like circumvention. This is not circumvention 2.0. The solar panel market is in a very different spot. And the first point, I want to make is, we don't expect any trade action, if it were to occur, to result in delivery stoppages. And in any event, our panels are delivered well in advance of construction, which gives us a lot of time and opportunity to be able to troubleshoot any issues should they arise. And why do I think no stoppages are going to occur this time around? The main reason is the U.S. is the most expensive solar panel market in the world and so there's a lot of economic reasons for deliveries to continue to occur. The second point, I want to make is that given our scale, we have appropriate incentives and contractual protections t”