Trump slaps tariffs on washing machines, solar products

ARCHIVE President Donald Trump turns to talk to the gathered media

Trump has imposed tariffs of 30 percent on imported solar cells and modules in what is being described as a move to protect USA industry while signaling a more aggressive stance towards China.

The 30 percent tariff is aimed at bringing manufacturing jobs in America, but it comes at the expense of companies that install solar panels.

But China and South Korea, whose manufacturers will be most heavily affected, criticised the move. It will fall to 25% in the second year, 20% in the third year and 15% in the fourth year. That's according to a statistic from the Solar Energy Industries Association.

Germany is criticizing U.S. President Donald Trump's plan to impose tariffs on imports of washing machines and solar panels.

Moving forward, MIDF expects that the Trump administration will impose tariffs on steel and aluminum industries.

It says it will "use all available legal resources in response to the USA decision".


'The recovery of the global economy is still frail, so it calls for concrete efforts and actions by all countries of the planet, ' Wang Hejun, a top ministry official, told reporters. In the first year, the tariff on cells and modules will start at 30 percent, with percentages falling in increments of five percent over the following three years.Two-point-five gigawatt cells are exempt from the tariff. The decision followed a recommendation from the U.S. International Trade Commission (ITC). "It's hard to estimate how many U.S.jobs this could help create for now, but it will definitely hurt US consumers, who will have to pay much more".

South Korea had pushed to stop the USA from imposing the restrictions, arguing the move would only damage US interests.

South Korea plans to file a complaint with the World Trade Organization (WTO) against a USA decision to slap heavy anti-dumping duties on Korean washing machines and solar panels.

But, Managing Director of Earth Solar Technologies Keni Washington says American solar manufacturers stand to benefit from the tariff.

Bloomberg has reported that 80 percent of the solar panels used in the United States are imported from other countries.

The move is especially important to the people of OH who have seen their Whirlpool plant lose business to South Korean companies such as Samsung and IG.

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