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SunPower Buys US Rival SolarWorld to Head Off Trump Tariffs

SunPower Corp. on Wednesday said it would buy U.S. solar panel maker SolarWorld Americas, expanding its domestic manufacturing as it seeks to stem the impact of Trump administration tariffs on panel imports. The White House cheered the deal, saying it was proof that Trump's trade policies were stimulating U.S. investment. Terms of the transaction were not disclosed. The news sent SunPower's shares up 12 percent on the Nasdaq to their highest level since...

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