Optrump Tariffs On Solar Panels And Washing Machines

Under monday s announcement parts also will be hit with a.

Optrump tariffs on solar panels and washing machines.

The announcement marks president trump s first major trade action of 2018 and follows his campaign. Trump slaps tariffs on imported solar panels and washing machines. The announcement marks president trump s first major trade action of 2018 and follows his campaign promise to get tough on america s trading partners. The first 1 2 million washing machines imported each year will face a 20 percent tariff with additional imports facing a 50 percent tax.

The two way the move has met with both praise and criticism from the solar energy industry. The trump administration is imposing tariffs on imported solar panels and washing machines. Up to certain levels imports of solar cells will be exempt from the tariff while the first 1 2 million imported large washing machines will get a lower tariff peaking at 20 percent.