Tags: tariff | solar | import | washing machines

Trump Slaps Tariffs on Some Imported Solar Cells, Washers

Trump Slaps Tariffs on Some Imported Solar Cells, Washers
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Monday, 22 January 2018 05:31 PM

President Donald Trump has approved recommendations to impose safeguard tariffs on imported large residential washing machines and imported solar cells and modules, U.S. Trade Representative Robert Lighthizer said on Monday.

The decision followed findings by the U.S. International Trade Commission that both imported products "are a substantial cause of serious injury to domestic manufacturers," Lighthizer said in a statement. A 20 percent tariff will apply on the first 1.2 million imported washers in the first year, and a 50 percent tariff on machines above that number. A 30 percent tariff will be imposed on imported solar cells and modules above 2.5 gigawatts in the first year.

© 2018 Thomson/Reuters. All rights reserved.

   
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President Donald Trump has approved recommendations to impose safeguard tariffs on imported large residential washing machines and imported solar cells and modules, U.S. Trade Representative Robert Lighthizer said on Monday.
tariff, solar, import, washing machines
106
2018-31-22
Monday, 22 January 2018 05:31 PM
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