Trump imposes tariff on imported solar cells

Posted on Jan 24 2018 - 5:17am by Webdesk

Washington; President Donald Trump has slapped high tariffs on import of solar cells and washing machines to protect the American market badly hit by products from countries like China and South Korea.The move is in line with President Trump’s “America First” trade policy.

The US Trade Representative (USTR) made the recommendations to the President based on consultations with the inter agency Trade Policy Committee (TPC) in response to findings by the independent, bipartisan US International Trade Commission (ITC) that increased imports of washers and solar cells and modules are a substantial cause of serious injury to domestic manufacturers.

A spokesman said the administration would “always defend American workers, farmers, ranchers and businessmen”.
“These cases were filed by American businesses and thoroughly litigated at the International Trade Commission over a period of several months,” said USTR Robert Lighthizer.

“The ITC found that US producers had been seriously injured by imports and made several recommendations to the President,” he said.The USTR said injury to US washing machine manufacturers stems from a sharp increase in imports that began in 2012.

About the Author

Leave A Response